106-114 Wheatsheaf Road,
Glenroy, VIC 3046

Regal real estate are excited to present an outstanding investment opportunity within the heart of Glenroy Vic 3046.

This retail commercial building features 5 well established shops, totaling an impressive 670.7sqm of prime retail space.
Each shop is currently tenanted, providing a steady and diversified income stream for the astute investor.

KEY FEATURES.
-Total land 670.2 sqm of versatile retail space, accommodating a variety of business types and configurations.

-Building area 357sqm

-Corner Block

-Dual Street Frontages

-Multiple tenancies, each of the 5 shops is independently leased, insuring separate income streams.

Current Rental Income $107,650.00 plus outgoings

-Prime Location
Strategically situated in a high traffic area, benefiting from excellent visibility and accessibility to a diverse customer base and near by Glenroy train station.

-Established Shops:
Each tenant has a proven track record, contributing to the overall stability and profitability of the property.

-Development Potential:
The property offers exciting opportunity's for growth, within zoning for the construction of residential apartments above the retail space (STCA).. This creates potential for significant value appreciation and diversification of income.

This property is an ideal opportunity for investors looking to expand there portfolio or enter the commercial real-estate market with a solid income generating assets that also offers substantial future development potential.

*Approx.

Expressions of close by Thursday 7th December @4pm.(If not sold prior).


For further information or to schedule a viewing please contact Regal real-estate.

9306-1888