ALTONA NORTH 7 Borrack Square
Rare Borrack Square Opportunity
Rare double storey building in a tightly held location. Retail shop downstairs (80m² approx.) and a separate open plan floor space upstairs (80m² approx.), both with associated amenities, rear access and abundant car parking.
Located in Melbourne's surging Inner West and centrally positioned within Altona North and Borrack Square's bustling commercial precinct servicing the emerging and growing residential catchment. Conveniently located adjacent to occupiers such as Woolworths, Commonwealth Bank, Chemist Warehouse, Australia Post and BWS.
Situated only moments away from public transport, local parks, Primary and Secondary schools, and easy access to West Gate Freeway.
Currently leased to 2 tenants on a month-to-month basis. Ideal for the astute investor, with both tenants wishing to sign new leases. Or alternatively ideal for an owner occupier. Or why not occupy one space and continue to lease the other?
Current rental return is:
$29,736 (incl GST) per annum for the ground floor retail shop &
$18,616 (incl GST) per annum for the upstairs office space.
Call today for an inspection
Located in Melbourne's surging Inner West and centrally positioned within Altona North and Borrack Square's bustling commercial precinct servicing the emerging and growing residential catchment. Conveniently located adjacent to occupiers such as Woolworths, Commonwealth Bank, Chemist Warehouse, Australia Post and BWS.
Situated only moments away from public transport, local parks, Primary and Secondary schools, and easy access to West Gate Freeway.
Currently leased to 2 tenants on a month-to-month basis. Ideal for the astute investor, with both tenants wishing to sign new leases. Or alternatively ideal for an owner occupier. Or why not occupy one space and continue to lease the other?
Current rental return is:
$29,736 (incl GST) per annum for the ground floor retail shop &
$18,616 (incl GST) per annum for the upstairs office space.
Call today for an inspection
Map
Recent sales
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