Retail for Sale

SHOP 1, 99 Justin Ave

Glenroy CONTACT AGENT
215 m2

Buy One or Buy Both

215 m2

 

Shop and 3 Bedroom, 3 bathroom Apartment / penthouse separate titles - Dual Income Stream.

Are you looking for a savvy investment opportunity with strong rental returns? Look no further! We present to you a rare gem in the heart of Glenroy featuring a shop on a separate title and a 3 bedroom apartment/penthouse

Shop:

- Separate title, 

- Currently leased for $2,850 per month (including GST)

- Prime retail location, attracting high foot traffic 

Lease 2x2x2

 

3 Bedroom Apartment/penthouse 

- Spacious living areas, perfect for a family with interrupted city views

- Currently leased for $2,500 per month

- near new build and ideally located near amenities and public transport no need for a car.

 

Total Return:   Approximately $5,350 per month (combined rental income). Strong potential for long-term capital growth and rental yield with cpi yearly rental increase.

 

Key Features:

- Dual income stream from shop and apartment

- Separate title for the shop, offering flexibility

- Prime location with high foot traffic and demand

- Strong rental returns and potential for capital growth

 

Don't Miss Out

This exceptional investment opportunity offers a rare combination of retail and residential income streams. Whether you're an experienced investor or looking to diversify your portfolio, this property is sure to impress.

 

Contact Us Today!

Call us now to schedule a viewing and make this outstanding property yours!

 

* Land area: 215 sqm approx
* Abutting council car parking
* Zoning: Commercial 1
* Currently leased on 2x2x2 contract for $2850 a month

 Located in the prime position of the Pascoe Vale retail strip, this excellent set and forget retail investment offers both income, security and long-term development potential.

Address SHOP 1, 99 Justin Ave, Glenroy
Price CONTACT AGENT
Property Type Commercial
Property ID 188
Category Retail, Offices
Land Area 215 m2
Office Area 180m2

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