Stonebridge Property Group is pleased to present for sale 14 Macedon Road, Templestowe Lower.

The key highlights of the opportunity include:

– A set and forget freehold located in the low vacancy Macedon Square shopping village

– Positioned on a strategic 185 sqm* C1Z landholding, with surplus rear land that provides scope for further retail activation

– Leased by longstanding tenant, on a recently renewed 3-year net lease with 3% annual rental increases (rental increases transition to 3.5% during the final term)

– The strategic retail building has not been offered ‘for lease’ for over 50 years

– No further lease options from April 2031 provides scope to add value or occupy within 5.5 years

– The 158 sqm* building includes a prime retail shop and separately accessed 2-bedroom residence

– Ideally positioned at the heart of Macedon Square, a tightly held shopping precinct supported by major supermarkets Woolworths & ALDI

– Macedon Square is bolstered by 130+ public car parks and a number of national retailers, the convenience of the precinct drives 7 day trading conditions and record low vacancy

– Templestowe Lower is a sought-after suburb located 13 km* from the Melbourne CBD with a median house price of $1,344,000

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Ian Lam 林煒峻
0416 621 859
如需任何国语或粤语咨询，请联系我们亚洲业务团队的Ian Lam 林煒峻，联系电话: 0416 621 859，并可随时加他的微信 (WeChat ID: Ianlam2001)。

*Approximately

Property Code: 1530