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19/19a Greenhill Road Greensborough, VIC 3088

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19/19a Greenhill Road,
Greensborough, VIC 3088

Shops & Retail

Price information

Sale

$950,000

Detailed listing

Key property information

Land area

Floor area

Parking info

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of 19/19a Greenhill Road

Directions
  • Train stations within 5 km of 19/19a Greenhill Road, Greensborough, VIC 3088Distance
    Greensborough Station977 m
    Montmorency Station2 km
    Watsonia Station3.2 km
    Eltham Station3.3 km
    Diamond Creek Station4.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 19/19a Greenhill Road, Greensborough, VIC 3088Distance
    69-Taunton Dr/Plenty Rd (Bundoora)4.5 km
    70-Janefield Dr/Plenty Rd (Bundoora)4.5 km
    71-RMIT/Plenty Rd (Bundoora)4.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 19/19a Greenhill Road, Greensborough, VIC 3088Distance
    Mountain View Rd/St Helena Rd (Greensborough)266 m
    St Helena Rd/Mountain View Rd (Greensborough)276 m
    Bonnie Doone St/ST Helena Rd (Briar Hill)319 m
    Hume St/ST Helena Rd (Greensborough)479 m
    Karingal Dr/St Helena Rd (Briar Hill)531 m
    POWERED BY HERE ©
POWERED BY HERE ©

Dual Income Investment Opportunity!

  • Excellent rental yield
  • Spacious residential unit at rear
  • Both properties currently tenanted
Welcome to your next business opportunity at 19/19A Greenhill Road, Greensborough, strategically situated in a quite neighbourhood area with two solid income streams available!

The premier retail space in the commercial premises offers excellent visibility and high foot traffic, conveniently located near major shopping areas, transport links, and popular local businesses. The rear residential properties enjoys the quite and private surrounds whilst also taking advantage of the proximity to shops, major roads and local schools.

Total property Includes:

•100 sqm (approx.) of retail floor space with a long-term commercial tenant currently operating the successful restaurant "Clay Oven," providing a steady income stream and established customer base. Currently returning approx. $25k p.a. plus GST and outgoings with further options available.

• 2-bedroom residency at the rear of the property, ideal for on-site management or rental income. Features a comfortable living space with two bedrooms, a living area, and separate access for privacy and convenience. A 12 month fixed lease has just recently commenced returning $26k per annum.

With the potential of a instant 5% to 6% investment yield, this property is sure to attract a lot of buyer interest!

Additional Features:

• Modern facilities including two toilets for staff and customer convenience
• Accessible public parking options to accommodate customers and staff

Don't miss out on this exceptional opportunity to secure a prime location with significant commercial potential, reliable income streams, and an attractive rental yield!

Contact us today to arrange an inspection or for more details.

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Property ID: 504675352Last Updated: 31 Oct 2024

04031995...
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19/19a Greenhill Road
Greensborough, VIC 3088

Detailed listing

Ray White - ELTHAM
1004 Main Road
ELTHAM, VIC 3095

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