Endless opportunities present for these two prime Commercial sites.
Zoned Commercial 2 with a wide Street frontage to Balcombe road, which also offers enormous exposure to Nepean Highway. Located just a short walk to Mentone Transit Centre and central shopping precinct. Easy access to Eastlink, Peninsula link and the City via the Nepean Hwy.
A rare opportunity to secure a prominent investment of this type in the City of Kingston to either land bank or lease out for the short or long term or develop (STCA) to fully enhance the opportunities the property has to offer. Sold together or separately
10 – 12 Balcombe Road, Mentone:
For Sale – $2,100,000 (if sold separately) EX GST
For Lease – $45,000pa +GST + OUTGOINGS
Land Area: 673 sqm (approx)
Current improvements of approx 520 sqm include a single level brick warehouse/ workshop with retail area at the front.
Rear access to the back laneway.
Triple interceptor wash bay area, M& F Toilets The property boasts a 22.5-meter frontage to Balcombe Road and also has lane way frontage to the side and rear.
6 off street car spaces at the rear.
This property was previously leased for around $46000 per annum (plus outgoings)
Terms:
10% Deposit
Settlement: 30/60 days
Vacant Possession
14 Balcombe Road, Mentone:
Current improvements: Double storey commercial office building of approx 335 sqm with an option for a residential dwelling upstairs.
Made up of 9 separate offices, boardroom, meeting rooms plus open plan office areas, reception area with waiting area, M & F toilets, Kitchen and 3 Phase power.
The property has a 6 m frontage to Balcombe Road and also has a laneway access and 2 car spaces at the rear.
Offered with a 6 months leaseback after settlement at $3750 (plus gst) with all outgoings paid by tenant.
Combined total site area of the two buildings is approximately 950 sqm.
Terms:
10% Deposit
Settlement: 30/60 days
Lease back for six Months
Inspect Today by appointment!
Contact: Trevor McCann 0407 043 932