For Sale - Units 57B & 57C, Wolverton Street, Avondale
Secure well-located commercial units on busy Wolverton Road, offering excellent exposure, parking, and easy access to both the Northern and Southern Motorways.
Positioned in the tightly held Avondale/Rosebank precinct, these units benefit from strong visibility on a key arterial route and consistent tenant demand. This opportunity is ideal for investors seeking secure, long-term income.
Key Features
• Approx. 80sqm per unit (more or less)
• Two dedicated car parks per unit
• Excellent main road frontage and signage exposure
• Minutes to SH16 and SH20 motorway connections
• Solid 1960s construction
• Located in a high-demand commercial area
Income Profile
Unit 57C
• 5-year fixed tenancy (initial term only)
• Net rental: $25,000 p.a. + GST
Unit 57B
• 3 years initial term plus two rights of renewal 3 years each
• Net rental: $25,000 p.a. + GST
• Long-term secure tenant, Fixed rent increases
Investment Highlights
• Fully tenanted - investment only (no owner-occupier option)
• Total net income: $50,000 p.a. + GST
• Scarce small commercial units with parking and exposure
• Proven demand in the Avondale/Rosebank commercial precinct
• Strong long-term investment potential
NAI Harcourts JK Realty Group
Contact Raj Bhonsle - 027 687 5638 today for further information or to arrange a viewing.