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Overview
SUITE 4 (LOT11)/5 Hall Street, Moonee Ponds
This property offers an entry-level commercial investment opportunity located in the heart of central Moonee Ponds. The first floor office space encompasses approximately 95 square meters, providing a functional and versatile environment suitable for various commercial uses.
The investment is supported by a guaranteed annual return of $23,331, equating to $448 per week, exclusive of GST and outgoings. This lease arrangement ensures a steady income stream with no vacancy periods, eliminating the need for letting fees, agent management fees, or advertising expenses for securing new tenants.
The current lease term is three years, having commenced on 9th October 2015, with additional terms available. The property is uniquely occupied by OnePlusOne serviced commercial offices, who lease both the first and second floors of the building. The suite 4 space serves as the boardroom, reception area, mail room, photocopy room, and office space for the complex.
Strategically positioned in a high-development precinct, the location benefits from significant urban growth, with numerous high-rise towers planned or under construction nearby. This area experiences high foot traffic, which supports tenant prosperity and enhances the long-term investment potential of the property.
Notably, the Moonee Valley Council has recently approved the development of approximately 1,500 apartments adjacent to this site, at the former Moonee Ponds Market location, further underscoring the area's growth trajectory and potential for increased commercial activity.
This commercial office space represents a smart investment choice for buyers seeking a secure, income-producing asset in a thriving and evolving urban environment.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Moonee Ponds VIC 3039
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 95 m² |
Market Insights for Moonee Ponds VIC 3039
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