GormanKelly is pleased to offer 40 Hamilton Street, Mont Albert for sale.

This is a an opportunity to secure a two-storey retail + residence in a well-serviced, retail hot spot in Mont Albert!

We believe the most outstanding aspects of this property include:
* Ground floor retail with 112m² (GLAR) and First Floor dwelling of 120m² plus balconies;
* Four onsite car spaces accessible via rear laneway (2 sets of tandems);
* Ground Floor current rent $41,979.96 p.a. plus outgoings & GST - Market Review due 1st June, 2013 - 5 + 5 year lease from 1st June, 2013
* First Floor income $21,372 p.a. ($603 per week) - 12 month lease from 3rd April, 2013 - Separate access to dwelling via rear
* Suitable for Investors;
* Land area 202m² / Zoned Business 1;
* Great location – opposite Mont Albert Train Station, situated in well-serviced local retail strip.

40 Hamilton Street, Mont Albert is located on the eastern side of Hamilton Street approximately 13km* east of the Melbourne CBD within the municipality of the Boroondara City Council. Hamilton Street is a retail strip abutting Mont Albert Railway Station that runs off Mont Albert Road.

Due to the variety of retail properties along Hamilton Street, properties situated in the strip are well-serviced by the surrounding residential catchments and patrons of the Belgrave/Lilydale railway line. Some businesses within the vicinity include Australia Post, Florist, Hairdresser, Footwear, Fish n’ Chip shop, FoodWorks, Fruit and Veg, Butchers, Newsagency, Laundromat, a Café, Dry Cleaners, to name a few.