Two retail spaces side by side in popular Lower Templestowe. The floorplans are very versatile so will suit variety of Businesses or Office or Showroom (STCA)
. The option is there to take one or take both.

It offers you great opportunity to capture both ongoing investment incomes and realistic, substantial capital gains.

Property Features:

– Shop 57
– Building Area 86m2 (approx.) you can extend the building as the same big size as Shop 59 at the rear (STCA)
– Land Size 184m2
– Open Plan
– Light & Bright
– Rear Yard Access & Roller Door

– Shop 59
– Building Area 170m2 (approx.)
– – Land Size 184m2
– Mix Open Plan & Offices
– Air-Conditioned
– Rear Yard & Roller Door
– Fantastic Location
– Ample Parking

12.4 Meters frontage in Total, was rented to a Karate School with return of $49,754 excluding GST, plus tenant’s share of 100% of outgoings.

Development plan and permit is in place for –

292sqm apartment units upstairs (4 X 2 Bedrooms)
168sqm retail shops (2 shops) downstairs
4 on site car spaces, side by side and behind the shops,

at elevated position with broad views around in a neighbourhood featuring quiet, leafy ambience, wide streets, easy access to beautiful parks and family-oriented lifestyle.

For all property enquiries or to arrange an inspection, please contact exclusive Agent Shelly on 0431 634 526.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. The fixtures, fittings, appliances and services have not been tested and no guarantee as to their functionality or efficiency can be provided. Distances and timings are approximate. Prospect purchasers should independently verify the information contained in this document and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list: http://www.consumer.vic.gov.au/duediligencechecklist