Are you looking for a fantastic investment opportunity with huge potential in the bustling area of St Albans? Look no further than this exceptional property! Featuring two shop frontages, a spacious outdoor area, and an attached residential unit, this property provides ample space for business and living needs.
This property is currently leased at $50,000 per year plus outgoings on a 5x5 term and offers immediate rental income. Licensed for café use, it also has potential for development
or childcare use, subject to council approval. Situated on approximately 779 square
meters, it enjoys prime proximity to University Park Primary School, Victoria University, Ginifer Station, Sunshine Hospital, and St Albans Market, guaranteeing a steady flow of foot traffic.
In addition to the commercial space, a connected residence at the rear features two bedrooms, a bathroom, a living room, and a kitchen area, providing added convenience and versatility.
Don't miss this incredible opportunity to invest in prime St Albans real estate. Contact us today to schedule a viewing and see the potential this property offers!
Note: Every effort has been made to verify the accuracy of the details in this advertisement. However, we cannot guarantee its correctness. Prospective buyers are advised to take necessary actions to satisfy themselves on pertinent matters.