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15 Balaka Place

Bundoora VIC 3083

3
1
1
187.5 m²
House
Currently for sale - view listing

Overview

Solid Retail Investment Prime Bundoora Location

187m2 (approx.) of land with rear access with combined retail and residential strength. Love & Co are pleased to present 15 Balaka Place Bundoora for sale. Positioned in a strong retail shopping strip, this versatile commercial premises presents an exceptional investment opportunity. Located minutes from very busy Plenty Road Shopping Precinct and with easy access to Settlement Road, Metropolitan Ring Road and ideally located to busy Grimshaw Street, this property offers an outstanding retail opportunity to invest in one of Bundoora's' long standing retail strips with good exposure from passing traffic. Key Features: * Currently leased returning $32,448.00 pa* plus GST and outgoings * 5 year lease commenced 20/05/2023 * Fixed increase 2.5% pa with market reviews * Further Terms of 3 x 5 Years each. * High-exposure position with excellent signage * Rear access and on-site amenities * Surrounded by established businesses and public transport options * Combined 3-bedroom , Shop and dwelling are 145.62m2 (approx.) [ 3 bed, bath, 2 toilets, kitchen, laundry, living ] * 1 Car space This is your chance to secure a strong investment in a well-located retail/residential space in one of Melbourne's Norths high performing and sought-after suburbs. Anwar Kattan 0431 169 844 Branko Agatanovic. 0448 035 565 Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
1 bathroom
1 carspace
187.5 m² lot size
House

Happy sellers in Bundoora

85%
85% of sellers in Bundoora reported that their sale price either exceeded or met their price expectations.

Bundoora stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 72 reviews in Bundoora over the last 12 months.

Local market activity for 3 bedroom houses in Bundoora

In the last 12 months, 162 three-bedroom houses similar to 15 Balaka Place, have been sold.

This represents a 2% increase in three-bedroom houses sales when compared to the previous 12 months.

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