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106-126 Main Street, Greensborough

Invest or develop – major 5,778sqm* gateway site
  • Land Area:
    5,778 m2
  • Floor Area:
    3,306 m2
  • Tenancy:
    Tenanted Investment
  • Income:
    $505,939.00 + GST
  • Frontage:
    143 m
  • WALE:
    2.2 years

OVERVIEW

  • Landmark 5,778sqm* corner site with combined frontage of 143m*
  • Eight existing tenancies, across a GLA of 3,306sqm* providing strong passing net income of $505,939* per annum, WALE OF 2.2 years
  • Nominated as a key strategic development site with the most favourable height allowance (89m AHD) over any other property within the Activity Centre

LOCATION

  • Prime Activity Centre Zone location opposite Greensborough Plaza, featuring Coles, Kmart, Target and other major retailers
  • Located within a high-performing retail precinct with zero vacancy
  • Close proximity to major universities including RMIT Bundoora (4km*) and La Trobe (5km*)
  • Only 100m* to Greensborough Train Station linking directly to the Melbourne CBD in 38minutes*
  • Situated in a picturesque north-eastern suburb of Melbourne which has experienced 13% capital growth in median house price and 10% unit price growth over the past 12 months

 

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