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56A/56 Railway Place Elmore, VIC 3558

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56A/56 Railway Place,
Elmore, VIC 3558

Shops & Retail • Other

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PRIME ELMORE FREEHOLD WITH EXCELLENT INVESTMENT RETURN POTENTIAL

An exciting investment or business opportunity presents on Midland Highway in bustling Elmore. The sale includes the prominent 1,000m2 corner site, two freehold premises as well as the strongly trading Oasis Cafe business.


INVEST, OCCUPY &/or OPERATE


A number of options are presented to potential purchasers with the property and business, any of which could deliver a very good return on investment. An investor could lease both properties either separately or together, alternatively a new owner could continue to operate the extremely popular Cafe.


- Highly visible commercial location with excellent passing traffic
- Excellent commercial space with quality plant and equipment available

- Very well presented family home

- Strong trading and popular Cafe business


Commercial Freehold
With excellent highway frontage, exposure and available car parking the commercial premises currently operates as the Oasis Cafe and is well set-up to service its strong long-term trade. The premises has approx 200m2 of usable floorspace and currently has internal seating for 20, alfresco dining spaces as well as service, preparation, kitchen and coolroom areas.


Residential Investment or Family Home
This wonderful brick veneer family is modern, well-presented and offers a flexible floorplan in a prominent Cardwell Street location (adjoining the commercial premises).


The home boasts an open-plan kitchen and meals, dual living as well as study areas. The well appointed kitchen has a wall mounted oven, dishwasher and ample bench and storage space.


There are 3 large bedrooms, all with built-in robes, assuring your comfort year-round and the central bathroom has a separate toilet.

With a lovely alfresco space at the the side of the home and a lawned backyard space, those looking to own and run the business while living in the home will find that the real oasis is the house itself!


With a separate driveway on this corner allotment as well as separate garage, the option also exists to rent the home out as a second income stream for those looking to live elsewhere.


Oasis Café
Included in the sale is this well presented and profitable Oasis Café business. A popular destination for locals and a regular stop for passing traffic, the cafe offers a range of freshly made delicacies, takeaway options and well regarded coffee.

Currently trading 7 days a week the business is showing strong & consistent figures presenting an income source from day one.

In addition to the business and commercial freehold, excellent storage shedding and an external coolroom are included, while equipment and stock at valuation is also available upon negotiation

Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.

Property ID: 504153439Last Updated: 13 Oct 2024

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56A/56 Railway Place
Elmore, VIC 3558

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