Excellent Shop and Dwelling Investment

Axis property and New Century real estate are pleased to offer this outstanding two level shop and dwelling leased to long established bakery/café.

The Location:

Well located on this busy main road just off the Monash Freeway with easy access to the CBD, Glen Iris train station as well as High Street train service.

The Property:-

Securely leased to two separate tenants
Current total rent - $67,124 per annum
Total building area - 180 sqm*
Land area - 205 sqm*
Commercial 1 Zoning
Rear access
Huge customer car parking at rear
Potential for further development(STPA)

The Shop:-

Leased to long standing bakery/café
Impressive fit out
Current net rent - $49,400 per annum
Lease term - Five (5) + Five (5) + Five (5) Years

The Residence:-

Immaculate two (2) bedroom apartment
Current rent - $17,724 per annum

Outstanding investment opportunity at an affordable price.

Agents in Conjunction
David Zhang - New Century Real Estate
1, 26 Rutland Rd Box Hill
0450 762 833