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17 Camms Rd 1,066 SF Retail Building Cranbourne, VIC 3977 $503,414 ($472.27/SF)
Investment Highlights
- Zoned Commercial Zone 1 within an established retail strip surrounded by residential development.
- Currently leased to a family-operated business with a lease term in place until August 11, 2027.
- Features include street frontage, rear entry access, and onsite parking.
- Located at the corner of Monahans Road and Camms Road, with proximity to South Gippsland Highway and Cranbourne Railway Station.
Executive Summary
The property is a retail premises located at the intersection of Monahans Road and Camms Road. It is zoned Commercial Zone 1 and positioned within an established retail strip that is surrounded by residential development.
The site comprises a land area of approximately 213 square meters and contains a retail shop with an internal area of approximately 99 square meters. The property has street frontage, rear entry access, and onsite parking.
The asset is currently leased to a tenant operating a family-run business. The lease term extends until August 11, 2027, with a reported rental of approximately $25,000 per annum plus GST and outgoings.
The location is in close proximity to South Gippsland Highway and Cranbourne Railway Station. No additional details regarding building age, construction materials, or services are provided in the available information.
The site comprises a land area of approximately 213 square meters and contains a retail shop with an internal area of approximately 99 square meters. The property has street frontage, rear entry access, and onsite parking.
The asset is currently leased to a tenant operating a family-run business. The lease term extends until August 11, 2027, with a reported rental of approximately $25,000 per annum plus GST and outgoings.
The location is in close proximity to South Gippsland Highway and Cranbourne Railway Station. No additional details regarding building age, construction materials, or services are provided in the available information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,066 SF
Building Class
C
Price
$503,414
Price Per SF
$472.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.05 AC
Frontage
55’ on Camms Road
Amenities
- Bus Line
- Fenced Lot
- Restaurant
- Signage
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17 Camms Rd
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