Boronia
18 & 19/163 Boronia Road,
Boronia, VIC 3155
Retail
Price Information
Sale - Auction Wed 21 May
Contact Agent
Key property information
Floor Area: 150m²
EXCEPTIONAL RETAIL INVESTMENT IN BORONIA SHOPPING VILLAGE
Appleby Commercial are pleased to offer 18 & 19/163 Boronia Road, Boronia to the market for sale by public auction.This prime double-fronted retail property is strategically positioned within the vibrant Boronia Shopping Village. Currently tenanted, the premises are home to the well-established and local favourite Mexican Restaurant, Carlos Cantina. The current tenants have been in occupation of the site for over 5 years and are currently in their second five year term with a further 5 year option remaining.
This retail investment offers an outstanding opportunity to acquire a secure, income generating asset in a well-established and dynamic commercial precinct.
KEY ATTRIBUTES
- Total Building Area: 150 Square Metres
- Building Frontage: 10 Metres
- High Exposure Location With Consistent Foot Traffic
- Ample On-Site Parking
- Walking Distance To Boronia Station
- Positioned Near Major Anchor Tenant, Dan Murphy's
- Tenant: C & C First Group Pty Ltd
- Rental: $46,701 Per Annum, Plus GST
- Current Lease Expires: 19/12/2026
- Term 5 Years
- Further Options: 1 x 5 Years