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4 Lawrence Street
Blackburn South VIC 3130
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Sold on 5 Oct 2023

4 Lawrence Street Blackburn South VIC 3130

  • Shop & Retail
  • 223 m²
  • Sold

Dual Income Investment Opportunity with 9.5m* Frontage

  • Immaculate 2 bedroom residence
  • Potential fully let rental $65,000 p/a*
  • Shop leased until March 2027 + option

RWC Oakleigh is delighted to present 4 Lawrence Street, Blackburn South to the market which will be offered via a public on-site and online Auction scheduled for Thursday 5th October 2023, at 11:00 am.

This two-storey freehold investment property has recently undergone high-quality renovations with the residence fitted with reverse cycle heating / cooling, oven, rangehood, dishwasher, combi-oven, gas stove top, European laundry & intercom system making it an excellent opportunity for those seeking a first-class asset in a highly desirable location. Situated in the heart of a thriving retail precinct, the property boasts a fantastic 9.5m* frontage and the potential for investors to enjoy the convenience of having two separate income streams.

The surrounding area is bustling with nationally recognised businesses, including a Woolworths Supermarket, McDonald's, Duncan's, Bendigo Bank, and Australia Post. Additionally, there are various complementary tenancies including cafes, take-away shops, medical facilities as well as hair and beauty salons showcasing the area's strength and viability.

The property benefits from a R.O.W along with council parking at the front and is conveniently located just 1.3km* from Forest Hill Chase Shopping Centre. This property also provides you with fantastic versatility as you have the option to either occupy the residence or simply secure the property as a passive dual income investment - the choice is yours!

Property Attributes:

• Total land area | 240m2*
• Combined building area | 223m2* over two levels
• Plus further decking for residence | 31m2*
• Shop Leased until March 2027 + 4 year option
• Immaculate two b/room residence (Vacant)
• Gas supply to residence
• Forest Hill Chase Shopping Centre (1.3km*)
• Surrounded by Woolworths, McDonalds, Duncan's, Bendigo Bank & Australia Post
• Public Transport in close vicinity (Bus 250m* & Train 1.3km*)
• Secure car parking on-site accessible via R.O.W
• Commercial 1 Zone (C1Z)
• Terms: 10% deposit, balance in 30/60/90 days

For further information, don't hesitate to get in touch with one of the exclusive marketing agents:

Theo Karkanis | 0431 391 035
Anthony Anastopoulos | 0488 095 057

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Ray White Oakleigh Commercial
Ray White Oakleigh Commercial
Level 1/7-9 Atherton Rd
Oakleigh, VIC 3166

Property Highlights

Date Sold5 Oct 2023
Floor Area223 m²
Land Area240 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2018753400
Category
Last updated  5 Oct 2023
Map for 4 Lawrence Street Blackburn South VIC 3130
Ray White Oakleigh Commercial
Ray White Oakleigh Commercial
Level 1/7-9 Atherton Rd
Oakleigh, VIC 3166

Property Highlights

Date Sold5 Oct 2023
Floor Area223 m²
Land Area240 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2018753400
Category
Last updated  5 Oct 2023

Co-Agents

Theo Karkanis
Ray White Oakleigh Commercial
Call
0431 391 035
Ray White Oakleigh Commercial
Call
0488095057

More about 4 Lawrence Street Blackburn South VIC 3130

4 Lawrence Street Blackburn South VIC 3130 is categorized as Shop & Retail Property. It has a floor area of 223 m² and a land area of 240 m². The listing ID for this property is 2018753400.

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