Retail Investment in Popular Northern Retail Village
SOLD AT AUCTION
Savills is delighted to offer for sale this ideal retail investment opportunity located at 319 Barry Road, Campbellfield.
Key attributes of the property include:
• Refurbished 222sqm* freehold building within the Barry Road Shopping Village
• Ideal 272sqm* landholding with rear access & onsite parking
• Leased to longstanding tenant Afghan Kebab (operating for 10 years) who boast a leading local following and strong reviews (1.3k + Google reviews)
• Returning $89,115 p.a. + GST & outgoings
• 5-year lease with 3% fixed annual increases and options until 2042
• High profile Barry Road position with over 22,000* cars passing daily^ and opposite the upcoming “Assembly” project by Citinova
• Easily accessible location just 100m* from Upfield Train Station
*Approximate ^VicRoads
For further information please contact:
Beau Bakhtani - 0412 159 038
James Latos - 0422 604 900
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Auction | 272.00sq m | Sold |