218 Broadway , Reservoir VIC 3073

$900,000

High Exposure with Dual Income

Seize this exceptional investment opportunity ideally situated in a premier retail strip. This property features a downstairs shop along with an upstairs dwelling which are both separately leased.

Upstairs: Currently leased to a tenant conducting health-related activities, generating an approximate rental income of $20,800.08 per annum.

Downstairs: Rented to a tenant specializing in computer repairs, providing an approximate rental income of $22,571.35 per annum. Both tenants are currently on an overholding basis.

Both levels feature fully equipped bathroom facilities and consulting rooms whilst the ground floor provides access to a generous backyard. A premier location is being offered along with excellent on-street parking and a diverse mix of businesses in a bustling retail strip.

Building Area: Approximately 190 sm2
Land Area: Approximately 221 sm2
Zoning: Commercial 1

Property Details

• Type: Retail
• Building Area: 190 m² (approx)
• Land Area: 221 m² (approx)
• Tenancy: Tenanted