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19/19a Greenhill Road
Greensborough VIC 3088
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19/19a Greenhill Road Greensborough VIC 3088

  • Shop & Retail
  • 220 m²
  • For Sale, Asking Price $950,000

Dual Investment Opportunity

  • - Excellent rental yield
  • - Spacious residential unit at rear
  • - Both properties currently tenanted

Welcome to your next business opportunity at 19/19A Greenhill Road, Greensborough, strategically situated in a quite 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:

100 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 GST and 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. A 12 month fixed lease has just recently commenced returning $26k per annum.

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.

Ray White Diamond Creek
Ray White Diamond Creek
Shop 10 / 67 Main Hurstbridge Road
Diamond Creek, VIC 3089

Property Highlights

Floor Area220 m²
Land Area255 m²
ParkingOn street parking
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019456939
Category
Last updated  4 Nov 2024
Map for 19/19a Greenhill Road Greensborough VIC 3088
Ray White Diamond Creek
Ray White Diamond Creek
Shop 10 / 67 Main Hurstbridge Road
Diamond Creek, VIC 3089

Property Highlights

Floor Area220 m²
Land Area255 m²
ParkingOn street parking
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019456939
Category
Last updated  4 Nov 2024

Listed by

Jeremy Cleaver
Ray White Diamond Creek
Call
0403 199 511

More about 19/19a Greenhill Road Greensborough VIC 3088

19/19a Greenhill Road Greensborough VIC 3088 is categorized as Shop & Retail Property. It has a floor area of 220 m² and a land area of 255 m². The listing ID for this property is 2019456939.

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