227 Melville Road, Brunswick West, VIC 3055
Auction
AUCTION
Captivating Investment Opportunity in Brunswick West!
EXCELLENT RENTAL RETURN $50,000 PA (approx.) plus outgoings
Own Two Properties on One Title
Highlights:
Desirable Location with High Visibility
Fantastic Secure Tenant
Dual Income: Retail Shop + Two-Bedroom Apartment ($50,000 Annual Approx.)
Land Area: 228 sqm Approx.
Retail Floor Space: 160 sqm Approx.
Bonus: Two-Bedroom Apartment with Separate Street Entrance (100 sqm Approx.)
Tram Route 58 at Your Doorstep
Easy Access to City Link and Moreland Road
Off-Street Parking Available via Rear Laneway
This is not just an investment; it's a strategic move towards securing dual income streams in a prime location. Nestled in the bustling heart of Brunswick West, 227 Melville Road presents an amazing opportunity for savvy investors or owner-occupiers looking to capitalize on a thriving area.
The retail shop boasts 160 sqm of floor space, ideal for a variety of businesses, and is currently occupied by a fantastic tenant, ensuring stable returns. Additionally, the property features a spacious two-bedroom apartment with its own street entrance, offering flexibility and potential for personal use or additional rental income.
This property promises not just financial stability but also growth potential. The strategic location ensures high visibility, with tram route 58 right at your doorstep and easy access to major transportation routes like City Link and Moreland Road.
Whether you're seeking an income-generating investment or a place to establish your own business while enjoying the convenience of living upstairs, this property ticks all the boxes. Don't miss out on this rare opportunity to own two properties on one title in one of Melbourne's most sought-after suburbs!
Contact us today to arrange a viewing and secure your piece of Brunswick West's vibrant landscape!
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L27362703
- Property Type:Retail
- Building / Floor Area:260 sqm
- Land Area:228 sqm
- Car Spaces:2
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