Real Estate Australia

UNIQUE INVESTMENT OPPORTUNITY
FOR SALE BY EXPRESSIONS OF INTEREST

Property Location: 29 Scott Street Melton - MELTON - VIC

Listing Id: 21371684  

Details	Bedrooms: 2    Bathrooms: 1    Parking: 2
Land	Size: 220 Square Mtr Approx   Rates: 2250
Comments:	Nett Return: 40750   Rental Return: $44000
Building	size: 200 Square Mtr Approx
Description: A rare opportunity to purchase this prominent freehold retail site in Melton's most patronised urban shopping strip. For over 30 years, this eclectic mix of retail outlets and a prominent medical centre have been at the forefront of local trade for the surrounding community. The street-front and adjacent parkland/recreation area had not long ago, undergone an extensive beautification and parking realignment program, by the local council, in order to cater for the burgeoning trade and to enhance local shoppers' experience. The property in question presents as a high profile site, containing a well-patronised Indian restaurant on the ground floor and a spacious, two-bedroom, fully self contained unit on the first floor; both occupied on fixed term leases. There is also a spacious goods receivable area to the rear, serviced by a private laneway and the building incorporates secure gated access and automatic roller door for off street parking to the site. Extensively renovated, the property is currently returning $44,000 per annum inclusive. These tightly held pockets of properties do not come up for sale often, so be quick to secure.

UNIQUE INVESTMENT OPPORTUNITY
FOR SALE BY EXPRESSIONS OF INTEREST

Contact Atlas Realty Melton Today!!!

Contact Lawrie Livingstone
Phone 0403 531 213

Property ID:21371684
Click here to format this page for printing

<<Go Back<<

Disclaimer:
We assume no responsibility for the accuracy of information contained on this website,
interested parties must make their own enquiries with this agency!
E-Mail here