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House
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Prime Freehold Investment with Future Residential Potential
Brimbank
· 1 Bedroom · 1 Bath · House
Brimbank · 1 Bedroom · 1 Bath · House
An exceptional opportunity to secure a high-exposure freehold investment in the heart of thriving St Albans. Positioned along bustling Main Road East, this premium commercial property offers residential redevelopment potential and a strong holding income and long-term growth potential in one of Melbourne's most established retail precincts. Currently leased to a secure tenant returning $57,231 per annum (or approximately $4,769 per calendar month), plus GST and 100% of outgoings. The lease expires on June 30, 2038 - This is a true set-and-forget investment with immediate cash flow and minimal landlord responsibilities. Strategically located within a tightly held shopping strip surrounded by established businesses, public transport, and strong local foot traffic, the property benefits from outstanding street presence and excellent accessibility. Key Investment Highlights: Securely tenanted investment - Returning $57,2310 p.a. + GST + 100% outgoings CPI increases annually Tenant pays 100
An exceptional opportunity to secure a high-exposure freehold investment in the heart of thriving St Albans. Positioned along bustling Main Road East, this premium commercial property offers residential redevelopment potential and a strong holding income and long-term growth potential in one of Melbourne's most established retail precincts. Currently leased to a secure tenant returning $57,231 per annum (or approximately $4,769 per calendar month), plus GST and 100% of outgoings. The lease expires on June 30, 2038 - This is a true set-and-forget investment with immediate cash flow and minimal landlord responsibilities. Strategically located within a tightly held shopping strip surrounded by established businesses, public transport, and strong local foot traffic, the property benefits from outstanding street presence and excellent accessibility. Key Investment Highlights: Securely tenanted investment - Returning $57,2310 p.a. + GST + 100% outgoings CPI increases annually Tenant pays 100
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