1221 Stud Road,
Rowville, VIC 3178

An excellent opportunity for investors to acquire a prime piece of real estate at a CORNER BLOCK with a massive appox. 1202 sqm land in a highly sought-after and busy location, boasting two fully leased shops - a popular pizza shop (approx. 80 sqm) combined with a spacious residence property, and a spacious grocery store (approx. 200 sqm), along with 13 customer car parks from Bergins Road entrance.

Conveniently located in the heart of the community, this property is surrounded by a wide range of amenities, including shopping centres, supermarkets, banks, medical centres, community centres and schools. With so many conveniences nearby, customers and tenants alike will appreciate the ease and convenience of the location.

Pizza Shop & Residency: $55,233 net per annum with 3% annual increase, lease term till 14/05/2025, with 5-year renewal option

Grocery Shop: $34,756 net per annum with 3% annual increase, lease term till 14/05/2026, with 5-year renewal option

The residency property offers 3 bedrooms, 1 bathroom, 2 toilets, and 1 carport, making it an attractive investment for those seeking a stable income stream.

Prime location, massive land on corner block, combined with stable rental income, make it a rare commercial investment opportunity for those looking for a high return on their investment.

All offers will be closed at 1:00 PM on 01/06/2023 unless sold prior.