20 & 22 Louis Street,
Greensborough, VIC 3088

With retail shops selling at a 3.5% - 4% rental return this has to be great value as an investment. Located just a short walk or drive from the Greensborough Plaza, these two shops/offices on separate titles are a great investment. With a combined rental income of approximately $15,000 per annum plus some development potential (STCA) at the rear, there is plenty of scope for future rental growth. Each property is approximately 240m2 with a 50sqm shop at the front and rear lane access. Just sit on the existing investment and/or develop the rear of the site (STCA) and watch your money grow. SALE PRICE: $400,000