391 Forest Road, The Basin VIC 3154

First time offered to the market since 1957 this truly magnificent property has so much to offer to the lucky purchaser. A dream investment for the astute investor with 3 separate incomes or explore future development possibilities (STCA) with a generous 773 square metre (Approx.) corner allotment in a Commercial 1 zone.The entire property consists of 2 shops fronting Forest Road (Approximately 45m2 each) and a recently refurbished 3 bedroom, 1 bathroom (attached) dwelling at the rear with a separate entrance from Conyers Street. There is access to the rear yard from Forest road via a 6.2m (approx.) opening on the north side of the shops as well as gate access from Conyers Street.Current leasing details:Shop 1 - Currently leased until October 2017 with 1 further option of 5 yearsShop 2 - Currently leased until August 2017 with 1 further option of 5 yearsResidence – Currently on a periodic tenancyAn opportunity like this will not last and it may take another 60 years to happen again so be quick to make your enquiry today!!!