144 Koornang Road,
Carnegie, VIC 3163

Prime Retail Premises with 1st floor office/residence

GrayJohnson is pleased to offer for sale this substantial two-storey property located in the bustling retail heart of Carnegie. This is an outstanding opportunity for an owner-occupier/investor to acquire a valuable asset in Melbourne’s well-to-do south-east.

The property consists of a ground floor shop that has been recently refurbished as a nail salon. The first floor, currently configured as a two-bedroom residence with an expansive roof-top terrace at the rear, would repay refurbishment as a modern apartment or office.

Koornang Road, Carnegie, is a premier shopping destination located approximately 12km south-east of the Melbourne CBD. It offers an eclectic mix of retail businesses and is noted for its cosmopolitan range of eateries. The shopping centre is served by the Carnegie railway station, located just 300m north of the subject property.

The opportunity:
• Ground floor retail shop plus first-floor office/residence
• Land area 176sqm approx., building area 200sqm approx.
• Rear laneway access to onsite parking
• Public parking at rear
• Month-to-month lease
• Returning $67,275 pa net
• Occupy half lease the other.

The location:
• 300m from Carnegie railway station
• Zoned Commercial 1