Presenting a prominently positioned shop and comfortable residence at the rear, this opportunity will have savvy investors circling around! With Commercial 1 zoning, healthy returns, land size of approx. 225m2 and the prospect of future development (STCA) the appeal is real.
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andbull; Featuring great exposure in a popular shopping strip, both the commercial and residential properties are securely leased and have a combined rental of $47,580 per annum.
andbull; Showcasing a smart street presence, the retail premises comprise a large shop floor and storage areas.
andbull; The residence offers open plan living, two bedrooms with polished floorboards, a bathroom, laundry, heating/cooling and OSP adjoining a ROW.
andbull; Explore potential development prospects including the possibility of building an apartment above the shop (subject to council approval).
andbull; Transport runs right past the front door and a short drive takes you to the West Gate Freeway, bringing the CBD within easy reach.