Leased to Belmore Fine Jewellery, a long standing and well-regarded tenant, the subject property is located in the thriving Belmore Road, Balwyn East retail precinct amongst cafes, specialty shops and service providers with an abundance of on-street parking and public transport on your doorstep. Comprising 52.5sqm (approx.) of ground floor retail space and 80sqm (approx.) of first floor 3 bedroom apartment complete with bathroom, kitchen, living room, laundry and its own separate entry. With excellent access to major arterials including Union Road, Whitehorse Road, Elgar Road and the Eastern Freeway, this is an excellent investment opportunity.
* New 3 x 3 Lease, Returning $24,000 pa subject to CPI + outgoings + GST
* Commercial 1 Zoning
* Land: 242sqm (approx.) Total Building Area 132.5sqm (shop 52.5sqm + dwelling 80sqm)
* Rear lane access + 2 car accommodation 25sqm and Large Courtyard
* First floor 3 bedroom dwelling with its own separate entry
* Positioned opposite Coles Supermarket