13-15 Hamilton Street Mont Albert VIC 3127

Positioning itself as a desirable high yielding investment, this rare offering is a chance to add a securely tenanted asset to your improving portfolio.

The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.

The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe) with two further 5-year options to 2038.

The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI increases.

• Securely leased in a bustling shopping strip walking distance to train station, tram and bus
• An outdoor space with room for chairs, tables and umbrellas and a building with plenty of space for indoor seating and kitchen
• Returning a rental income of approx. $89,414 per annum, leased until 2028, with two further 5-year options to 2038
• Land area is 316sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)

Located among an eclectic array of shops, restaurants and services along Mont Albert's primary shopping strip, close to Union Station and connecting major roads.

This is an exciting opportunity not to be missed! Call today!