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155 & 155A Military Road
Avondale Heights VIC 3034
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Sold on 1 Apr 2010

155 & 155A Military Road Avondale Heights VIC 3034

  • Factory, Warehouse & Industrial
  • Sold

FULLY RENOVATED SHOP AND UPSTAIRS DWELLING IN PRIME CENTRAL LOCATION WITH!

You couldn’t ask for anything more with this sensational investment opportunity in this popular and bustling central location.

This imposing piece of real estate offers a secure future to the lucky purchaser with the renovated downstairs cafe currently on a solid lease along with the immaculately renovated 3 bedroom apartment upstairs with a spacious kitchen loaded with cupboard space, stainless steel appliances and dishwasher, sparkling central bathroom with laundry facilities, large formal lounge with balcony access and entry from the rear lane through a remote control roller door.

Apartment upstairs is currently tenanted and on a secure lease returning $16,644 per annum ($320 pw & expires 22/8/10).

Café downstairs is also tenanted on a secure lease of 3 years with a further 2 terms, (3 years each) and currently returning $19,080 per annum.

With a combined rental return per annum of $35,724 approx, this makes for an outstanding investment primed for plenty of capital growth in an outstanding position.

Land - 21.8 x 120ft

Truly one opportunity you don’t want to miss!

FOR ALL INSPECTIONS & ENQUIRIES PLEASE CONTACT

DAVID GIGLIOTTI – 0411 824 854

Property Highlights

Date Sold1 Apr 2010
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2008135817
Category
Last updated  1 Apr 2010
Map for 155 & 155A Military Road Avondale Heights VIC 3034

Property Highlights

Date Sold1 Apr 2010
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2008135817
Category
Last updated  1 Apr 2010
151 Military Road Avondale Heights VIC 3034

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