Situated in the vibrant heart of Mentone, this property benefits from being in close proximity to a variety of amenities. The area boasts a lively village atmosphere, with easy access to Mentone Village’s café scene, fresh food grocers, supermarkets, and boutique shops. Internal Space for shop use 100m² approximately designed for optimal business functionality Distance from Melbourne City: Approximately 18km Estimate total Income: $37,350 per annum including current lease of the back unit. For the first time ever, this unique commercial property, with a long-standing history of ownership spanning over 40 years, is now available for sale. This prime property not only houses a thriving laundry business but also includes a one-bedroom rental unit at the back, presenting an excellent investment opportunity, and reflecting its strong community ties and consistent performance. Property Features: Land Area: 225m² with a well-utilized layout Established Business: The front of the property currently operates as a successful laundry service, providing a steady income stream and a loyal customer base. This business is set to continue thriving in this strategic location. Residential Component: At the rear of the building, a comfortable one-bedroom living space is currently tenanted, adding to the overall income potential. This residence creates an excellent opportunity for owners to live on-site. High Exposure: Positioned with excellent visibility on Nepean Highway, this property benefits from high traffic flow, increasing potential customer reach and business growth. This premises is an attractive investment option for savvy buyers looking to take advantage of a stable income while potentially expanding the existing laundry business or exploring new ventures. Additional Convenience: - Only 600m to Mentone train station, facilitating easy commuting - Minutes away from Southland Shopping Complex Investment Opportunity - Why Invest in Bayside? Bayside is a vibrant community known for its bustling commercial activity and residential appeal. With ongoing development in the area, now is the perfect time to invest in a property that not only offers excellent returns but also the potential for future growth. This property not only offers a solid income stream from the current laundry business but also the potential for further growth and development in a sought-after location. Don’t miss out on this rare opportunity to acquire a well-established business premises in the thriving Bayside community! Laundry business for sale separately. For more information or to schedule a private viewing, please contact Harvey Nhan on 0432 558 881 today!
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