Stonebridge Property Group is pleased to present for sale Shops 1-3 & 4, 507-533 Bluff Road, Hampton.

The key highlights of these opportunities include:

Location:

• Secure one or both ‘set and forget’ entry level investments, well positioned in the affluent Bayside suburb of Hampton
• The tightly held retail village boasts a strong history of tenant retention (currently boasts 0% vacancy) and is serviced by 65 free car parks
• Neighbouring retailers include national brands Cellarbrations, 7-Eleven & Subway
• The surrounding demographic supports retail trade with a median family income 70% higher than the Victorian average and a median house price of $2,320,000

Shops 1-3:

• Offered with a 5-year lease to global health and wellness tenant Snap Fitness
• Snap Fitness is a world-recognised, privately owned health club franchise with 2500+ stores throughout 24 countries
• 262 sqm* of ground floor retail space with 14 m* of high exposure street frontage
• Providing annual income of $67,456 + GST + Outgoings** with annual CPI increases

Shop 4:

• Offered with a recently renewed 3-year lease to the longstanding Bayside Dog Grooming Salon
• Bayside Dog Grooming Salon has been servicing the local community for over 12 years
• Modern 72 sqm* ground floor retail space
• Providing annual income of $33,000* + GST + Outgoings (as of 1 March 2024) with fixed 3% annual increases

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

* Approximately
** Rent has been forecasted using Dec-23 CPI figures