Mixed Used Occupancy with Guaranteed Tenancy til 2028 - Potential annual income of $98,922
Currently leased till 2028 with intention to lease until 2053, this lucrative opportunity exists for smart purchasers to own a mixed use occupancy in Reservoir.
Fetching an annual income of $65,122.32, the spacious shop boasts a corner shop frontage, with office, storage, staff change room and bathroom facilities.
Upstairs another opportunity for further potential of approximately $33,800 per annum, set back from the shop front, the private apartment provides ample accommodation for a small family boasting three robed bedrooms, living/dining area, kitchen and double garage that can provide additional income with a separate entrance.
* 3 x Split system heating and cooling units
* 120 solar panels with 6 inverters
* 569m2 land size
* 3 toilets onsite
* Potential Combined Income : $98,22,32
Enquire today to find out more.
PHOTO ID REQUIRED
Due diligence checklist - consumer.vic.gov.au/duediligencechecklist
Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy
Material Facts - please refer to the contract of sale and vendor statement for material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Features
3 bedrooms
1 bathroom
directions_car2 carspaces
directions_car2 garage spaces
515 m² floor area
crop_free569 m² lot size
cottageStudio
Happy sellers in Reservoir
88%
sentiment_very_satisfied
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.
Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 114 reviews in Reservoir over the last 12 months.
Local market activity for 3 bedroom studios in Reservoir
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.