Presenting this rare opportunity to purchase a double storey building with shop on ground level and with a 3 bedroom apartment on the first floor, on Main Road East in busy St Albans.
The shop is currently leased with the tenant operating a successful Vietnamese restaurant, on a long term lease with 3.5 years to run plus a 5 year option. Currently showing a return of around $57,400 per annum plus GST plus outgoings with 3% yearly increases.
- Land size 178m2 approximately
- Ground floor shop footprint approximately 145m2
- First floor apartment is self-contained with separate entrance
- Rear lane access
- Commercial 1 zone
Located in a small group of busy shops on Main Road East close to the center of St Albans,
Contact Brenda Ngan for further details and to arrange inspection.
