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Retail for Sale

218 Broadway Reservoir, VIC 3073

$850,000Floorplan
  • Building: 190m²
  • Land: 221m²

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Retail for Sale in Reservoir

High Exposure with Dual Income

  • Building: 190m²
  • Land: 221m²

Seize this exceptional investment opportunity ideally situated in a premier retail strip. This property features a downstairs shop along with an upstairs dwelling which are both separately leased.

Upstairs: Currently leased to a tenant conducting health-related activities, generating an approximate rental income of $20,800.08 per annum.

Downstairs: Rented to a tenant specializing in computer repairs, providing an approximate rental income of $22,571.35 per annum. Both tenants are currently on an overholding basis.

Both levels feature fully equipped bathroom facilities and consulting rooms whilst the ground floor provides access to a generous backyard. A premier location is being offered along with excellent on-street parking and a diverse mix of businesses in a bustling retail strip.

Building Area: Approximately 190 sm2
Land Area: Approximately 221 sm2
Zoning: Commercial 1

Important Information:

For details on property due diligence, please visit: consumer.vic.gov.au/duediligencechecklist

To view our Privacy Policy and Collection Notice, visit: raywhite.com/franchisee-privacy-policy

Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures.

While every effort has been made to ensure the accuracy of the information provided, Ray White Thomastown does not accept any liability for errors or omissions. Interested parties are advised to conduct their own investigations to confirm all details, including land size.

Building:

190m²

Land:

221m² / 0.05 acres

Tenancy:

Tenanted

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers

218 Broadway, Reservoir, VIC 3073
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