In the epicentre of Union Road’s vibrant shopping village, this one-of-a-kind property presents an outstanding set-and-forget investment opportunity with long-term options for business owners and developers alike (STCA). On its own commercially zoned block (B1Z) with no shared land, the property is currently operating as a boutique retail store securely leased at $16,908 per annum (indexed) + outgoings until 2021 with a further 3-year option. Features include a light-filled showroom area, private office/storeroom with kitchenette plus adjoining powder room. Add to this a secure yard at the rear accommodating up to four cars via an extra-wide rear ROW. Surrounded by trendy eateries along with city-bound trams virtually at your doorstep, it’s also close to local parks and schools, as well as easy access to Flemington Racecourse, Showgrounds and Ascot Vale Station (four stops to the CBD). Land size approx 149sqm.
OPEN FOR INSPECTION:
Thursday 26th July between 1.00pm – 1.30pm
Thursday 2nd August between 12.30pm – 1.00pm
