223 Tucker Road,
McKinnon, VIC 3204

AUCTION THIS FRIDAY AT 1.00 PM

Axis property is please to market this two level shop and dwelling.

This property represent a rare opportunity to secure your own as new shop and dwelling in sought after McKinnon.

Duel income property where flexibility is key.
Leased to Cafe operator on a new two (2) year lease with further options. Residence leased on a 12 month lease from January 2015.

Fantastically located in the McKinnon School Zone.
Properties of this calibre are a rare find.

The Cafe:
* Lease term - 2 Years with a further 2 year option
* Rental - $24,000 p.a. net
* Tenant pays all outgoings
* Building area - 74m2 approx. plus courtyard & garage
* Modern fit out with beautiful courtyard

The Residence:
* 12 month lease commenced January 2015
* Rental - $18,678 p.a.
* 2 bedrooms & 1 bathroom
* Light & bright
* Modern kitchen & bathroom
* Balcony with exceptional views

Key Property Features:
* Land area - 184m2 approx.
* Double garage at rear
* Premier McKinnon location
* Total income - $42,678
* Further development potential (STPA)

Perfect for the keen investor or future occupier.