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1 Bed • 1 Bath • 0 Car • 87m²
New
7 Borrack Square, Altona North VIC 3025
All Offers Considered
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What's around Borrack Square
House description
“Rare Borrack Square Opportunity”
Rare double storey building in a tightly held location. Retail shop downstairs (80m² approx.) and a separate open plan apartment upstairs (80m² approx.), with associated amenities and abundant car parking.
Located in Melbourne's surging Inner West and centrally positioned within Altona North and Borrack Square's bustling precinct servicing the emerging and growing residential catchment. Conveniently located adjacent to occupiers such as Woolworths, Commonwealth Bank, Chemist Warehouse, Australia Post and BWS.
Situated only moments away from public transport, local parks, Primary and Secondary schools, and easy access to the West Gate Freeway.
Currently leased to 2 tenants on a month-to-month basis. Ideal for the astute investor, with both tenants wishing to sign new leases. Or alternatively ideal for an owner occupier - work downstairs and live upstairs. Or why not occupy one space and continue to lease the other?
Current rental return is:
$29,736 (incl GST) per annum for the ground floor retail shop &
$18,616 (incl GST) per annum for the upstairs office space.
Call today for an inspection
Property features
Toilets: 1
Building details
Land details
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What's around Borrack Square
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Contact the real estate agent
Shane Ah-Kan
Sweeney Estate Agents - Altona/Point Cook
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