Add to your portfolio success with this prominent investment property comprising of Ground Floor Pizza Restaurant/Takeaway plus First Floor 3 bedroom apartment (on 1 title), offering exceptional exposure to Ballarat Road.
The property is securely leased to a long-established family business surrounded by well-established national retailers such as A-mart Furniture, Coles Supermarket and BCF. It also offers great CBD connectivity through Dynon Road, Footscray Road and the West Gate Freeway, and is within easy access to Victoria University and the new Western Health Footscray Hospital.
TENANCY 1 / Pizza Shop
- Currently returning $61,867 pa* plus Outgoings
- Term: 5 years plus 2 further terms of 5 years
- Annual 4% increases
TENANCY 2 / First Floor Apartment
- Currently returning $19,296 pa*
PROPERTY FEATURES
- Building Area: 300m2*
- Land Area: 300m2*
- Zoned Commercial 2
- Rear Parking for 6 cars
Offers all of the perfect ingredients for a sound investment.
For Sale via Expressions of Interest closing 7th March 2025 at 3.00pm.
Contact Paul or Mario of MCG to discuss.
*Approx