255 Para Road,
Greensborough, VIC 3088

Nelson Alexander Commercial are delighted to offer For Private Sale this fantastic investment opportunity with future upside. Currently leased to a very successful tenant on a 4 year lease with a 4 year option this investment opportunity provides an excellent return now and the potential to further develop in the future (STCA). It consists of a ground floor retail shop plus an upstairs two bedroom residence. Located close to Greensborough Train Station and also Greensborough Plaza the location could not be better. With Greensborough experiencing extraordinary growth and a median house price circa $1M this is your opportunity to get into the Greensborough property market at the entry level and reap the benefits for many years to come.

Property Features:

· Zoned Commercial 1 (C1)
· Land Area 151m2 (approx.)
· Building Area 155m2 (approx.)
· Excellent Investment Opportunity With Upside
· Ground Floor Retail Shop Plus Upstairs 2 Bedroom Residence
· Excellent Rear Access Plus Parking (ROW)
· Prime Greensborough Location
· Median House Price Circa $1M
· Long Term Tenant (Lease Started 2014)
· Current Lease Term 4 Years (+4)
· Lease Start Date 10/11/18
· Excellent Tenant (The Print & Framing Company)
· Greensborough Station at your doorstep and a stone’s throw to the Greensborough Plaza
· Fantastic Opportunity Not To Be Missed!

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.