Nested in a boutique retail strip located in the heart of Melbourne’s suburbia, is this double shop offering endless opportunities. Currently leased at $35,000 net plus outgoings and GST until 2019, this property services all local residents and has seen consistent trading over the years. With a good tenancy mix, all traders are performing well and this property also has the obvious attraction of redevelopment (STCA). Ideally positioned just minutes away from all main feeder roads including Warrigal Road, Burwood Hwy and Highbury Road, this property is ideal for the savvy investor.

The property consists of a double shop with great frontage to Andrew Street. Open plan, simple fit out and rear access via the rear laneway is also possible. Major benefits include:

Reliable tenant on strong lease
Double shop allowing to potentially separate (STCA)
Potential to develop the entire site (STCA)
In addition is ample parking on street
Rear lane way access
Rare opportunity for secure investment with such upside

These chances don’t come up often – call Ryan Trickey for more details 0400 380 438