58 & 60 Monash Street

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Property Features

Property ID: 3153706

Building Size
283 m2

Strategic Strip Opportunity!

Two substantial double storey retail premises to be sold as one, boasting main road exposure in this very busy retail precinct. Representing a sound addition to any property portfolio these properties will appeal to both first-time and seasoned investors and will provide a strong return on investment in both the short and long term. Situated along the direct route to Sunshine Shopping Centre these premises benefit enormously from constant day long passing traffic, and being home to a well known established take-away food business, enjoy a strong market presence well known and supported by the local community.
Built on a site of approximately 335 square metres these two versatile double storey retail shops of approximately 283 square metres are doubly advantaged by rear lane way access and a fully self-contained first floor area which has its own direct separate front street access (making it ideal for either residential or office use).
Currently leased to a long standing business on a new 3 year lease commencing on 18 July 2008 returning $35,100pa plus GST the property offers the astute purchaser with an eye to the future a range of possibilities including long term subdivision potential (STCA).
Either way this is a really outstanding opportunity to invest in a property offering a major investment upside...the choice is yours!