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SECURE INVESTMENT WITH RESIDENTIAL DWELLING IN CENTRAL OAKLEIGH
Ashburton, Melbourne
· 2 Bedrooms · 3 Baths · House
Ashburton, Melbourne · 2 Bedrooms · 3 Baths · House
An outstanding opportunity to secure a tightly held commercial investment in one of Oakleigh's most prominent and sought-after locations, just seconds from the vibrant Eaton Mall precinct. Set on approximately 165 sqm of land with a substantial 200 sqm building area, this versatile property combines a secure commercial tenancy with the added benefit of a residential dwelling upstairs, creating a compelling investment proposition with multiple income and future-use advantages. The property is leased to long-standing tenant Just Rentals on a current 5-year lease expiring 28 February 2030, together with a further 5-year option, providing investors with valuable income security and long-term tenure. Currently returning a net annual income of approximately $65,350 (after land tax), the property also benefits from fixed annual increases of 4%, providing built-in rental growth and enhancing the investment's long-term income profile. As a Commercial 1 zoned landholding with potential developme
An outstanding opportunity to secure a tightly held commercial investment in one of Oakleigh's most prominent and sought-after locations, just seconds from the vibrant Eaton Mall precinct. Set on approximately 165 sqm of land with a substantial 200 sqm building area, this versatile property combines a secure commercial tenancy with the added benefit of a residential dwelling upstairs, creating a compelling investment proposition with multiple income and future-use advantages. The property is leased to long-standing tenant Just Rentals on a current 5-year lease expiring 28 February 2030, together with a further 5-year option, providing investors with valuable income security and long-term tenure. Currently returning a net annual income of approximately $65,350 (after land tax), the property also benefits from fixed annual increases of 4%, providing built-in rental growth and enhancing the investment's long-term income profile. As a Commercial 1 zoned landholding with potential developme
Request Details