Retail + Residence — A Rare Leasing Opportunity

Description

Shopfront + Fully Renovated Two-Bedroom Residence

An excellent opportunity to secure a versatile retail premises with a fully renovated two-bedroom residence positioned at the rear, located along the thriving May Road strip.

The property offers approximately 100m² of retail space with excellent frontage to May Road, providing a practical opportunity to operate your business from the front and live at the rear.

Alternatively, the Landlord will permit the rear residence to be sub-leased, providing an additional income stream.

The Retail Space
– Approx. 100m² retail premises
– Prominent May Road frontage
– Freshly painted throughout
– New floor tiling
– Electrical wiring checked and upgraded
– Air conditioning serviced
– Rear section waterproofed to accommodate a commercial kitchen
– New front double doors
– New electric hot water service
– Roof checked and waterproofed
– Room for two vehicles accessed from the rear laneway

The Residence

The completely renovated two-bedroom residence is ready to move straight into and features:
– Potential $450pw return if sub-let
– Freshly painted throughout
– Polished floorboards
– Brand-new kitchen
– Brand-new bathroom
– New split-system heating and cooling
– New gas hot water service
– Two bedrooms
– Parking & Location

Ample free council parking is available throughout the surrounding area, including May Road, Station Street, David Street, Cyprus Street and nearby streets, making the property convenient for both customers and occupants.

Flexible Leasing Options

Shop + Residence: $69,900 p.a. + GST + outgoings

Shop only: $55,000 p.a. + GST + outgoings, with the residence available to be leased separately.

With the flexibility to occupy the residence, sub-lease it, or simply take the shop, this property offers a range of options for an owner-operator, investor or business looking for additional flexibility.

Contact our office today to arrange an inspection or obtain an application.