Rare opportunity to purchase a residentially zoned property with the benefits & savings provided by one established commercial tenant, along with a vacant property next door. One flexible and adaptable tenancy and one vacant property on one title currently returning net annual income of $25,000 per annum + GST + outgoings. This well known neighborhood retail bottle shop outlet features generous display space, a central cool room and ample storage while the adjoining tenancy can configured as an office / studio / residential. The ability to fulfil a future residential role if so desired complements the office/studio, where up to three bedrooms/consulting rooms are complemented by a dedicated living/dining and kitchen zone and modern bathroom at the rear. An investment with a track record of reliable returns in a location that provides desirable proximity to Nelson Place, Williamstown station and the water, this is a property of exceptional appeal and promise – equally successful from a range of perspectives! Or future residential redevelopment opportunity. • Two versatile single-level properties on one title • Net rental return of $25,000 + GST + outgoings pa • Well known commercial bottle shop premises tenancy • Vacant adjoining property • Frontage of 9.8m • Tenant pays majority of outgoings subject to the Retail Leases Act Open for inspection every Wednesday at 11:00am-11:30am as well as Saturday 30th at 1:45pm. Contact agents below for more information or to request sale documents.
Email enquiry to Bosisto Commercial - MELBOURNE
Property ID: 504733036