This property will surely appeal to the blue chip investor! Located in the Bellevue shopping strip, this popular fish & chip shop and separate 2 level dwelling is complemented by a variety of other successful businesses. Some 20 traders and a substantial office building make this a vibrant and busy strip that caters to the needs of the North Balwyn community. Don’t miss out on this superb freehold investment which also boasts a longer term development potential.

PROPERTY ATTRIBUTES

• Single storey shop and separate self contained dwelling over 2 levels
• Building area: 150 sq m (1,614 sq ft) approx
• Land area: 204 sq m (2,196 sq ft) approx
• Excellent rear vehicle access via laneway ROW
• Parking for up to 4 cars
• Close access to Eastern Freeway
• Bellevue shopping strip traders include: restaurants/cafés, homewares, gallery, bicycle, pizza, milk bar, technology, hairdressing, liquor cellar, medical practitioners, period furniture, clothing, chocolatier, offices, and personal fitness (soon to open).

LEASE PARTICULARS

• 2 year lease commenced 1st January, 2010 incorporating a further term of 2 years
• Current rent: $26,145 per annum net (GST exclusive)
• Annual 4% rent reviews with a review to market value at the commencement of any further term

ZONING

• Business 1 Zone under the City of Boroondara Planning Scheme