$955,000 to $1,050,000
A remarkable commercial property that presents a unique blend of strong investment and development opportunities. Strategically positioned on a corner location, this property offers outstanding exposure, ensuring maximum visibility for any business, high volume of passing traffic, making it an enticing prospect for businesses aiming to capture the attention of potential customers
The property's unique selling point is its separate shop area and residence. Its versatile layout comprises downstairs a shop and residential living, meals and kitchen plus a well-appointed bathroom; whereas upstairs has four spacious bedrooms. This property combines comfort and functionality, catering to both residential and commercial needs with a dedicated car space.
The shop area provides ample space to showcase products or services, while the adjoining residence offers a comfortable and convenient living arrangement. This unique setup allows for the perfect work-life balance, making it an excellent choice for small business owners or investors.
In addition to its existing features, this property holds significant development potential. With the right vision and planning, this property can be transformed into a modern commercial and residential multi-level development , (STCA) taking full advantage of its strategic location. Whether you choose to utilize the property in its current state or explore its development possibilities, this versatile offering is an opportunity not to be missed.
PROPERTY DETAILS
- SITE AREA: 185 sqm2 approx.
- ZONING: Commercial Zone 1
- LEASE TERM: Five (5) Years
- LEASE OPTIONS: Five (5) Years
- USE OF PREMISES: Retail Sales of Take Away Food
- COMMENCEMENT DATE: 1st April 2019
- RENT: $38,470.00 per annum
- RENT INCREASE: Annual from commencement date fixed at 4%
- OUTGOINGS: Tenant pays 100% of outgoings (excluding Land Tax)
NB: if the tenant exercises the option, the entire tenancy finishes on 1st April, 2029
For further details and to arrange an inspection contact:
Con Stefanidis 0418 563 590
Alex Vouladas 0419 385 359
280 Clayton Road, Clayton VIC 3168
03 9544 8888
CON STEFANIDIS
0418 563 590
ALEX VOULADAS
0419 385 359
