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

Map

Recent sales

69 Second Avenue Altona North 3 beds | 1 baths | 1 cars May 2024
33 Rosala Avenue Altona North 3 beds | 1 baths | 4 cars April 2024
6a The Circle Altona North 3 beds | 2 baths | 2 cars April 2024
20 Cherry Avenue Altona North 3 beds | 1 baths | 1 cars April 2024
11 Macdonald Avenue Altona North 3 beds | 1 baths | 1 cars March 2024

Similar Properties

ALTONA NORTH

10 Hearn Street

  • 3
  • 2
  • 2

Auction

ALTONA NORTH

81 McIntosh Road

  • 3
  • 1
  • 1

$870,000 - $930,000

ALTONA NORTH

85 Mcintosh Road

  • 3
  • 1
  • 6

Auction

ALTONA NORTH

2/14 Collins Avenue

  • 2
  • 1
  • 1

$600,000 - $660,000

ALTONA NORTH

1/70 Misten Avenue

  • 2
  • 1
  • 3

$435,000 - $480,000

ALTONA NORTH

1/185 Millers Road

  • 2
  • 1
  • 1

Open Cancelled 03/05/24

Request an appraisal now

Type(Required)
Address(Required)