Seize the chance to own a distinctive mixed-use property in the thriving heart of Reservoir. 162 Boldrewood Parade offers a rare blend of a commercial shopfront complemented by a comfortable 3-bedroom, 1-bathroom residential home at the rear, presenting an ideal balance of work-life integration. Retail Space: - Address: 162 Bolderwood Parade, Reservoir, VIC 3073 - Type: Retail Shopfront - Size: 172m² (approx.) - Features: High visibility and foot traffic, with ample on-street parking. The shopfront boasts large display windows and versatile interior space, perfect for a variety of business types, from cafes to boutiques. It includes a vibrant awning that enhances its street appeal and visibility. Residential Accommodation: - Layout: 3 Bedrooms, 1 Bathroom, 2 Car - Features: The private residence offers a retreat after a busy day of trade. Including well-appointed living spaces, a full kitchen, and a cozy outdoor area, it provides all the comforts of home right where you work. Investor Highlights: - Lease Information: Property currently under a residential lease agreement until October 2024, at $2,389.88 per calendar month. This agreement confirms the property’s immediate revenue-generating potential. - Location Advantages: Just moments from Reservoir's local amenities including schools, leisure centres, and the Broadway Shops. The property's position ensures high desirability for future tenancy. - Long-Term Growth: Reservoir is experiencing an uplift with the burgeoning demand for both commercial and residential offerings, signalling a strong long-term growth trajectory. Occupier Appeal: - Live and Work: For entrepreneurs or business owners, the advantage of occupying the shop while residing on-site cannot be overstated. It affords a practical and economical solution to the work-life balance. - Community Focused: With a friendly, community-oriented locale, your business can capitalise on local clientele and foster strong customer relations. Strategic Positioning: - Flanked by diverse businesses, and with an inviting storefront that catches the eye of passersby, this is a prime spot for commercial success. Whether you're an investor seeking a smart addition to your portfolio or a business owner looking for the perfect spot to grow, 162 Bolderwood Parade is a compelling proposition. With its dual nature, it represents not just a place of trade but a home; not just a building, but a lifestyle. Enquire Today: Unlock the potential of 162 Boldrewood Parade, Reservoir. Contact The Realest Estate at [email protected] or 0401 735 299 for more information and to schedule a viewing.
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