Warehouse and dwelling with busy street exposure, presents a fantastic inner city opportunity for investors offering assured and positive rental growth plus loads of future retail/residential development potential ( Current return $74,052 plus GST ).
Currently a Wine Clearance Warehouse the shop floor measures 345 square metres of single level space with office, kitchenette, toilet and emergence exit to rear laneway. Stairs provide separate entry to the upper floor residence with generous open space providing lounge, family/meals area with split system air-conditioner and kitchen, bathroom and four bedrooms.
Off street bay parking for four cars is also provided for customers in this prime location, surrounded by exciting lifestyle shopping, caf, restaurants & train station advantages plus tram to the city out front.
PROPERTY: 65 Nicholson Street, Brunswick
AUCTION: Thursday 3rd December 2009 at 1:00pm
AGENT: L.J. Hooker Thornbury 9484 0488
George Kyriakopoulos 0417002227