This Freehold investment consists of two sperate titles in one building. Two stable rental incomes from the experienced coin laundry operator and two bedroom residential unit on the first floor. The premise located in the heart of Springvale centre, walking distance to Springvale Train Station and bust Springvale Road, angle parking at the shop front and 2 private packing lots at the back of the building.

Hightlights:

– Land Size 183m2: Shop 110m2 approx + 2 bedroom Unit on level 1 85m2 approx.
– Total annum income $45,661 + GST + outgoings (Shop $22189 + Unit $23472)
– Shop lease 5 years + 5 Years from Feb 2024 (potential rent increase on market review)

Sale by Expression of Interest due 31 Oct 2023 5pm

For more Information, please contact Ricky Chan on 0430 822 612. Thanks.