Offered first time in 40 years, positioned within St Albans tightly held and popular retail precinct is this Blue Chip investment inviting an astute investor to secure this rare opportunity with outstanding scope for further growth.
The key attributes include:
- Land Area: approx. 207sqm Commercial Zone 1
- Downstairs - Retail Shop with Secure Lease returning $2,917 pcm
- Upstairs - Updated 3 bedrooms residence returning $1473 pcm
- Combined Return approx. $52,683 per annum plus outgoings and GST
- Rear Access with Secure Car parking
- Fixed annual rental Increases throughout the term
- Excellent public car parking nearby with the re-vitalized St Albans Train Station and Bus Interchange a short walk away.
- Surrounded by an excellent mixture of local traders including ANZ Bank, KFL Supermarket, CBA, Woolworths, Chemist Warehouse and more.
- An opportunity not to be missed, inspect now!