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Description: Buy one or buy both!
Title 1 | Shop
ESR: $360,000 - $395,000
Title 2 | Dwelling
ESR: $680,000 - $750,000
Positioned in a high-exposure location near corner of Moreland Road and Nicholson Street, this versatile commercial and residential offering presents an exceptional opportunity for investors, owner-occupiers, or developers.
Set within a thriving and tightly held precinct, the property benefits from strong foot traffic, excellent public transport at your doorstep, and immediate access to major arterial roads.
Whether you're looking to secure a dual-income investment or explore future development potential (STCA), this is a rare chance to capitalise on a flexible and high-performing asset.
Key Features:-
• Two separate titles - invest, occupy, or redevelop
• No Body Corporate
• Shop & dwelling configuration - ideal for dual income
• Commercial 1 Zoning
• Land size: approx. 266m²
• Building area: approx. 150m²
• Rear Access via East St laneway
• Shop leased: $409 per week ($21,270p.a.) plus outgoings
• Annual increases: 4%
• Dwelling potential: approx. $750 per week ($39,000 p.a.)
• Blank Canvas ready for kitchen, bathroom and flooring
• Or redevelop to 4 storeys (STCA)
• 10ft Ceilings in rear dwelling/commercial
• 3 Phase Power to both properties
Surrounded by well-known local businesses and key amenities, this growth location continues to attract strong demand from both tenants and investors alike.
Opportunities like this-offering flexibility, exposure, and multiple income streams-are increasingly rare.
For further information or to arrange an inspection, contact:
Joe Pollina - 0438 997 740
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