19/19a Greenhill Road Greensborough VIC 3088

Welcome to your next business opportunity at 19/19A Greenhill Road, Greensborough, strategically situated in a quiet neighbourhood area with two solid income streams available!

The premier retail space in the commercial premises offers excellent visibility and high foot traffic, conveniently located near major shopping areas, transport links, and popular local businesses. The rear residential properties enjoys the quite and private surrounds whilst also taking advantage of the proximity to shops, major roads and local schools.

Total property Includes:

50 sqm (approx.) of retail floor space with a long-term commercial tenant currently operating the successful restaurant "Clay Oven," providing a steady income stream and established customer base. Currently returning approx. $25k p.a. plus outgoings with further options available.

2-bedroom residency at the rear of the property, ideal for on-site management or rental income. Features a comfortable living space with two bedrooms, a living area, and separate access for privacy and convenience. Currently returning approx. $24k p.a. on a month to month basis with a future rental appraisal of $26k p.a.

With the potential of a instant 5% to 6% investment yield, this property is sure to attract a lot of buyer interest!

Additional Features:

Modern facilities including two toilets for staff and customer convenience
Accessible public parking options to accommodate customers and staff

Don't miss out on this exceptional opportunity to secure a prime location with significant commercial potential, reliable income streams, and an attractive rental yield!

Contact us today to arrange an inspection or for more details.