Fully Leased to Long-standing TAB In Occupation 20+ Years
331-333 High Street , Kew VIC
Property Highlights
Description
Gray Johnson and Burgess Rawson are pleased to offer to the market TAB at Kew VIC for sale via Expressions of Interest campaign .
The property has the following investment highlights:
+Prominent Kew corner with long-standing TAB in occupation for 20+ years
+Tabcorp (ASX: TAH): Australia’s largest betting & entertainment company, market cap of $2.1billion
+100% Fully leased investment with medium term potential to occupy or develop (STCA)
+Tabcorp pay all usual outgoings
+Versatile 129sqm ground floor retail with favourable Commercial 1 Zoning
+Two well-presented & refurbished one-bedroom apartments with 5 car parks
+Three titles in one line offers opportunities to sell individually in the future
+Strategically located on High Street, 650m* from Kew Junction and situated between Dan Murphy’s and Coles
+Kew Junction: a vibrant inner East commercial hub supporting 600+ businesses
+Kew: affluent inner-city suburb with median house price up 27% in past 2 years to $2.8 million^
+Rental Income: $96,917 pa + GST
To be sold via Expressions of Interest
Closing 4pm AEDT
Wednesday 14 December 2022
*Approx.
^realestate.com.au
Property Details