Phone enquiries - please quote property ID 29700.
Offering 2 semi-separate spaces, combining residential and commercial sections, with a residence space upstairs and a warehouse downstairs, both covering around 125m2, this property presents some great options for the discerning buyer. With options for an investor or owner/occupier, this is not to be missed!
This property offers something great for the residential investor, with an upstairs residence currently leased on a month-to-month basis. Fully self-contained, with a full bathroom, kitchen, living space, and 3 bedrooms (one currently set up as a study). The options with this second floor are endless: continue to lease it out as a great investment, live in the property yourself as an owner/occupier and easily monitor your commercial property downstairs, or consider repurposing the space for some other income-earning venture!
The downstairs is currently used as a warehouse and is rented with a 4-year lease (option for 5 more). The space offers a solid investment with an existing and ongoing tenant in place and would be a fantastic addition to your portfolio.
Features at a glance:
- Upstairs residence with a month-to-month rental, also 125m2
- Downstairs commercial warehouse with established rental, 125m2
- Car space included
- Fantastic location
The property has had no renovations since being built, and is being offered as is, and is perfectly habitable, but also has plenty of scope for improvements should you wish to put in that extra investment.
The property is located near the Yarra, with shops and buses nearby. It is only a 4min drive to the city, and being close to the Westgate Bridge, you are centrally located to access all suburbs. The current owner is looking to retire and is selling to downsize his portfolio.
This is certainly an attractive, unique opportunity. Enquire today!
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.