Located within the coveted Glen Waverley Secondary College Catchment, this multi-use
investment consists of a well appointed ground floor café and 1st floor 3 bedroom 2 bathroom
apartment. The smart investor will benefit from the diversity of the tenancies and the ultimate capital growth that residential has come to enjoy.
Major Benefits include:
Commercial Café:
• Floor area 135m2*
• Current rent: $27,276* plus outgoings plus GST
• Term 3 year lease with options
• Commercial 1 zone (CZ1)
• Grease trap and exhaust
• Polished concrete flooring with modern fit-out
Residential First Floor:
• Floor area 140m2* plus 16m2* of balcony
• Current rent: $27,372* residential lease
• Separate rear entrance
• 3 Bedrooms
• 2 bathrooms plus powder room
• Large kitchen/dining/living area
• 2 car spaces
Total rental return: $54,648* per annum plus outgoings on the commercial portion.
Total Floor Area: 275m2*.
The team is available and can accommodate COVID safe inspections by appointment. Please contact us for more information and scheduling.
For additional information please contact
Ben Ainsworth 0412 534 028 or Ryan Trickey 0400 380 438.
*Denotes approximate.
