This classic fixture of the Tyabb community is now available to buy for the first time since 1992! Home to the iconic Pattersons Bakery, this freehold shop presents an excellent opportunity for an astute investor looking for a solid return and great capital growth.
Located on the busy Frankston Flinders Road and just a few doors down from Tyabbs only supermarket, this property is currently leased until 2018, with two further options of five years. The shop is 100sqm (approx.) and includes a bathroom and rear car access via a private laneway.
The shop is currently leased at $1,733 per calendar month to a long term, reliable tenant with a thriving business. The shop also boasts potential for a second storey which could create additional business offices or a residential dwelling (STCA).
This is a tightly held pocket of real estate, with opportunities to purchase along Tyabbs busy main strip staying few and far between. Don’t miss out on this fantastic opportunity to own a sure investment!
Property Code: 504