This property is fully leased and made up of five (5) retail tenancies all leased to long standing tenants as well as 13 residential units and offer dual street frontage as well as further development potential (STCA).
This well maintained three level art deco building is situated on an elevated corner allotment and is directly opposite Carlton Station as well as being surrounded by a number of well-established business, cafe’s and eateries, parks and close to St George hospital.

Key selling features:

Land area – 475 Sqm (approx.)
Current rental income – $303,045 per annum
Five retail shops ranging between 20 and 35 sqm (approx.)
Mix of retail tenancies include a corner cafe, hairdresser, barber, tailor and deli
The apartments are a selection of studios, one, two and three-bedroom apartments
Potential to further develop or add value (STCA)
FSR 1:1
Potential Height 14.9m (STCA)
Side drive and car parking
Potential for income growth