Inspections by private appointment, please get in contact to arrange a time.
Located within the heart of Richmond’s thriving commercial and lifestyle precinct, this well-presented mixed-use freehold offers secure income with long-term upside. Comprising a tenanted ground floor retail premises and leased residential apartment to the rear, the property is ideally suited to investors seeking a flexible city-fringe asset.
- Commercial/residential title
- Ground floor retail shop leased until February 2027 with further option for renewal receiving $27, 715 per annum plus GST.
- Rear residential unit securely tenanted until February 2027, receiving $530 per week / $27, 635 per annum.
- Strong mixed-use investment with diversified income streams
- Rear roller-door access and on-site parking provisions
- Excellent natural light throughout
- Future value-add and development potential (STCA)
- No Owners Corporation
- Surrounded by renowned cafes, restaurants, retail amenity and public transport
- Walking distance to Burnley railway station and Swan Street tram services
278 & 280 Burnley Street are available for sale individually, presenting a rare opportunity to secure adjoining mixed-use freeholds in one of Melbourne’s premier inner-city locations.
In Conjunction With MPC Moss Property Consultants - James Moss 0418 311 626.
Conditions of entry: Identification and a contact number are required for inspections. Entry may be refused if these are not provided.
Property information has been supplied by the property owner and other sources. Reasonable care has been taken in preparing this advertisement. Purchasers should make their own enquiries and independently verify information relevant to their purchasing decision.
Land size and internal floor space are approximate and stated in square metres. Floor plans, site plans and room dimensions are provided as a guide only. Purchasers should independently verify all measurements.
Unless expressly stated, BigginScott has not independently tested the operation or condition of fixtures, fittings or inclusions. Purchasers should undertake their own inspections and obtain appropriate professional advice.
Nothing in this notice excludes or limits any rights or obligations under applicable law.
