PRIME RETAIL INVESTMENT WITH LONGSTANDING TENANT
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51 Hamilton Place, Mount Waverley VIC 3149

By Negotiation

RetailSize: n/a
Block size: 134 m² approx.

Teska Carson is pleased to present 51 Hamilton Place, Mount Waverley via public auction on Friday 10th May at 12noon on-site.


A rarely offered opportunity to invest in this highly regarded strip boasting a high percentage of long standing tenants and little to no vacancy.   


- Income: $52,440 per annum (additional CPI increase July 2024)
- 5 x 5 x 5 x 5 year lease commenced 2022
- Long standing tenancy having been in Mount Waverley since 1963 and trading at 51 Hamilton Place for almost 30 years
- Zoning: Commercial 1
- Rear access with parking on title
- Build Area: 77sqm
- Land Area: 134sqm


Hamilton Place is incredibly low vacancy retail precinct surrounded by national retailers including IGA, Woolworths, Chemist Warehouse, CBA and ANZ and provides over 500 free council car parks and direct access to Mount Waverley Train Station.


Please call for further information or to organise an inspection.

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Contact Stephen Speck to learn more about this property, request an inspection or take an online tour.

Key details

Garage Spaces:
2
Property type:
Retail
Block Size:
134 *

Other Details

Lot:
20
Plan:
LP43170
Legal description:
20\LP43170
Teska & Carson

Maps and area information

Block information
Block size: 134 (approx)
Legal description: 20\LP43170
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

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See Mount Waverley's suburb profile

Mount Waverley suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
35,340
Listing ID: 182429145. This listing has been viewed 5 times. It was first displayed on 08/04/2024 and last updated on 30/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.