740-744 Mt Alexander Road, Moonee Ponds, VIC 3039
Worth The Punt

This exceptional investment opportunity is prominently located in the heart of Moonee Ponds on the corner of Mt Alexander Road and Dean Street less than 6 kilometres northwest of theMelbourne CBD. This multi-tenanted commercial asset can provide secure income in the medium to long term with significant future development upside with a favourable activity centre 1 zoning.

Modern fully fitted two-level building with basement and 28 car spaces.

Features include:

• Net annual return: $862,087.33

• Anchor tenant: Moonee Valley Racing Club Pty Ltd

• Total building area: 2,590 sqm*

• Total land area: 1,942 sqm*

• Zoning: Activity centre zone (ACZ1)

• WALE (by income): 4.48years

• High exposure with over 100 metres of combined frontage to Mt Alexander and Dean Street

* Approximately

740-744 Mt Alexander Road, Moonee Ponds, VIC 3039
For further details contact us