522 Macaulay Road Kensington VIC 3031

In the heart of Kensington Village, this unique property (shopfront and residence/office above) presents an environment of space and versatility making it ideal for business owners and investors alike. Currently operating as a popular restaurant, the property is securely leased at $27K + GST + outgoings (indexed) until April 2019 with no options in place. With approx 150sqm of total floor space, features include a large downstairs retail/restaurant area, kitchen space, storeroom, north-facing courtyard with staff amenities and ROW access. Upstairs: residence or office comprising 4 principal rooms and bathroom. Complete with Commercial 1 Zoning (C1Z), it's also walking distance to local schools, recreational facilities and Kensington Station (2 stops to the CBD). Land size approx 182sqm.