Mountain Gate Plaza, one of Melbourne's best investment shopping centres, will be auctioned Thursday week, November 20th by Teska Carson.
Teska Carson’s Michael Ludski describes Mountain Gate Plaza as one of the most outstanding metropolitan shopping centre investments in Australia.
Anchoring Mountain Gate Plaza is a Safeway Supermarket. The Safeway tenancy is secured with a long lease running to 2013.
There are also 10 speciality shops.
Moutnain Gate Plaza, at 854 Burwood Highway, returns a net income of $881,000 per annum.
Ludksi and his team at Teska Carson will auction the property at 1pm on November 20th.
