37-38 Douglas Street, Noble Park VIC 3174

RECENT SALES

Noble Park Shopping Strip

Originally built as two shops on a lot of approximately 777m2 in the early development of Noble Park it has altered little over the years. At a time in the past both shops were combined by the removal of a small section of internal wall at the front of the building to utilise all the 159m2 of floor space. At the rear of the building is a large open space accessible from Buckleys Lane that provides plenty of room for staff parking, loading, and unloading goods, additional storage facilities or commercial development, STCA, etc.
The prosperous Noble Park shopping centre has recently been enhanced with the overhead railway upgrade and additional connecting roads providing greater and simpler access to multiple businesses on both sides of the railway line.
Leased at $3687.30/m, lease renewed in Feb 2023 for an additional 3 years.
O/G's not more than $10,000 pa.

Property Details

• Type: Retail