5-7 Anderson Street Yarraville VIC 3013

Land area of 234m2 approx. with 10.67m approx. frontage plus side pedestrian walkway that allows separate access to dwellings and future activation of the property.

Consisting of 2 shops and 2 separately accessed dwellings on first floor.

Sold with existing planning permit for boutique mixed use development

Shops leased for $48,000 per annum + GST on 2 + 2 year lease, dwellings are vacant.

Short term lease profile allows for amazing development / value add potential.

Potential for significant uplift in the income of the property in the immediate and short term.

Superbly located in the heart of Yarraville retail village accompanied by award winning restaurants and cafes. The property is also a short stroll away from the Yarraville train station and bus routes.