In the heart of the tightly held Mont Albert Tram Terminus, with the 109 tram to the City and Box Hill Central at the front door, this freehold investment is currently leased to two separate tenants.
Commercial: Floor area 47sqm approx. 2 year lease from 1/10/2013 with 2 year option at $23,400 per year plus outgoings.
Residential: 2 bedroom residence. Month to month rental $14,340 per year.
Features; double rear carport via a wide concrete laneway and adjoining council owned carpark for 28 cars.
Land 230 sqm approx. with 5.63m frontage.