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46 Derby Street
Pascoe Vale VIC 3044
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Sold on 13 Oct 2023

46 Derby Street Pascoe Vale VIC 3044

  • Shop & Retail
  • 276 m²
  • Sold

Invest, Occupy or Further Develop!

    Nelson Alexander Commercial are delighted to offer For Private Sale this fantastic mixed income opportunity in this prime Pascoe Vale location. The property is unique in that it consists of a ground floor restaurant/café plus an upstairs beautifully appointed two bedroom residence with a double garage at the rear. The options with this property are plenty. You could occupy the entire property, you could occupy downstairs and rent out upstairs or you could occupy upstairs and rent out downstairs. The residence is perfectly appointed with two bedrooms, open plan kitchen and living area, quaint balcony at the front and a double garage at the rear. The ground floor restaurant/café is beautifully fitted with a large open plan dining area at the front with bar and serving counter plus a perfectly appointed commercial kitchen at the back. Whether you want to invest, occupy or further develop this is a fantastic mixed income opportunity that we highly recommend.

    Property Features:

    Thriving Pascoe Vale Location
    Suit Owner Occupiers and Investors
    Fantastic Mixed Income Opportunity
    Ground Floor Restaurant plus Upstairs 2 Bedroom Residence
    Zoned Commercial 1 (C1)
    Land Area 206m2*
    Building Area 276m2*
    Being Offered with Vacant Possession
    Market Rent $61,000pa
    Located in the extremely popular suburb of Pascoe Vale with a strong median house price of $1,132,500^
    Prime Ground Floor Hospitality Opportunity plus Separate Stunning 2 Bedroom Residence
    Comes with liquor licence already in place#
    Includes double garage at the rear via ROW
    This is a fantastic freehold opportunity with plenty of upside that we highly recommend

    For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

    *approx.
    ^source: REIV
    #please review as to suitability

    Nelson Alexander Commercial
    Nelson Alexander Commercial
    187 Gertrude Street
    Fitzroy, VIC 3065

    Property Highlights

    Date Sold13 Oct 2023
    Floor Area276 m²
    Land Area206 m²
    Parking2 x Onsite parkings
    Property ID2018625548
    Category
    Last updated  16 Oct 2023
    Map for 46 Derby Street Pascoe Vale VIC 3044
    Nelson Alexander Commercial
    Nelson Alexander Commercial
    187 Gertrude Street
    Fitzroy, VIC 3065

    Property Highlights

    Date Sold13 Oct 2023
    Floor Area276 m²
    Land Area206 m²
    Parking2 x Onsite parkings
    Property ID2018625548
    Category
    Last updated  16 Oct 2023

    Co-Agents

    Damien Theisz
    Nelson Alexander Commercial
    Call
    0448 319 171
    Cody Bettanin
    Cody Bettanin
    Nelson Alexander Commercial
    Call
    0438 952 639
    Ethan Wong
    Nelson Alexander Commercial
    Call
    0427 349 064

    More about 46 Derby Street Pascoe Vale VIC 3044

    46 Derby Street Pascoe Vale VIC 3044 is categorized as Shop & Retail Property. It has a floor area of 276 m² and a land area of 206 m². There are 2 x onsite parkings.The listing ID for this property is 2018625548.

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