13-15 Hamilton Street,
Mont Albert, VIC 3127
Shops & Retail
Price information
Sale
$2,000,000 - $2,200,000
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 13-15 Hamilton Street
Train stations within 5 km of 13-15 Hamilton Street, Mont Albert, VIC 3127 Distance Mont Albert Station 94 m Box Hill Station 1.4 km Chatham Station 1.5 km Canterbury Station 2.1 km Laburnum Station 3.1 km POWERED BY HERE ©Tram stops within 5 km of 13-15 Hamilton Street, Mont Albert, VIC 3127 Distance 55-Hood St/Whitehorse Rd (Mont Albert) 567 m 54-Inglisby Rd/Whitehorse Rd (Mont Albert) 590 m 53-Union Rd/Whitehorse Rd (Surrey Hills) 741 m 51-Grovedale Rd 1.1 km 57-Nelson Rd/Whitehorse Rd (Box Hill) 1.3 km POWERED BY HERE ©Bus stops within 5 km of 13-15 Hamilton Street, Mont Albert, VIC 3127 Distance Louise Ave/Mont Albert Rd (Mont Albert) 167 m St Johns Ave/Mont Albert Rd (Mont Albert) 324 m Nuttall Lane/Leopold Cres (Mont Albert) 355 m View StMont Albert Rd 484 m Laing St/Whitehorse Rd (Mont Albert) 484 m POWERED BY HERE ©
POWERED BY HERE ©
Investment Property with Subdivisional Potential - tenanted to Churchill Cafe until 2028 + further options
Positioning itself as a desirable high yielding investment, this rare offering is a chance to add a securely tenanted asset to your improving portfolio.
The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.
The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe) with two further 5-year options to 2038.
The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI increases.
• Securely leased in a bustling shopping strip walking distance to train station, tram and bus
• An outdoor space with room for chairs, tables and umbrellas and a building with plenty of space for indoor seating and kitchen
• Returning a rental income of approx. $89,414 per annum, leased until 2028, with two further 5-year options to 2038
• Land area is 316sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)
Located among an eclectic array of shops, restaurants and services along Mont Albert's primary shopping strip, close to Union Station and connecting major roads.
This is an exciting opportunity not to be missed! Call today!
The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.
The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe) with two further 5-year options to 2038.
The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI increases.
• Securely leased in a bustling shopping strip walking distance to train station, tram and bus
• An outdoor space with room for chairs, tables and umbrellas and a building with plenty of space for indoor seating and kitchen
• Returning a rental income of approx. $89,414 per annum, leased until 2028, with two further 5-year options to 2038
• Land area is 316sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)
Located among an eclectic array of shops, restaurants and services along Mont Albert's primary shopping strip, close to Union Station and connecting major roads.
This is an exciting opportunity not to be missed! Call today!
Property ID: 504627464Last Updated: 8 Oct 2024
13-15 Hamilton Street
Mont Albert, VIC 3127
Ross Hunt - Surrey Hills99-105 Union Road
SURREY HILLS, VIC 3127
SURREY HILLS, VIC 3127
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$5,000,000-$5,500,000
426-430 Canterbury Road,Surrey Hills, VIC 3127 535 m²Shops & Retail • Hotel, Motel & Leisure • Development Sites & Land
CONTACT AGENT
2/719 Whitehorse Road,Mont Albert, VIC 3127 178 m²Hotel, Motel & Leisure • Medical & Consulting • Shops & Retail
Asking $520,000
G02, 348 Canterbury Road,Surrey Hills, VIC 3127 56 m²Offices • Shops & Retail • Medical & Consulting