$600,000 - $660,000
161 Eley Road
Positioned on a prominent shopping strip in the heart of Blackburn South, 161 Eley Road presents a rare and compelling opportunity to acquire a high-exposure property offering a secure lease in place for the premises, including the integrated residential unit.
The ground floor commercial space is currently home to a reputable and established local fish and chip business, a tenant for over 10 years, ensuring immediate rental income and long-term investment security. This thriving enterprise benefits from excellent street frontage and strong visibility within a bustling Commercial 1 Zone.
Adding significant value and versatility to the asset is the private residential unit located above the shop. This comfortable two-bedroom residence, complete with its own kitchen, a spacious living area, bathroom, and a generous first-floor private courtyard carpark. This unique combination makes the property highly appealing and flexible for current and future occupants.
Easy Access To Burwood Highway & Blackburn Road. Moments From Forest Hill Chase, Burwood One & Local Conveniences.
- Established Tenant: 10+ Years, Reputable Fish & Chip Shop
- Secure Income: Current Rental Income $29,100/pa
- Integrated Residence: 2-Bedroom Unit Above The Shop With Private carpark.
- Commercial 1 Zone
- Strong Residential Catchment
Whether you're looking to strengthen your portfolio with a robust, ...
Property ID
2693733
Property Type
Retail
Status
Auction
4th Jul at 2:00 PMFloor Size
150m2
Land Size
204m2
Friday 13 Jun 1:30PM to 2:00PM
Friday 20 Jun 1:30PM to 2:00PM
Friday 27 Jun 1:30PM to 2:00PM
Janssen Xiang
Director / Officer In Effective Control / Auctioneer
janssen.xiang@janssenco.com.au
0411 659 290
161 Eley Road
... income-producing asset or seeking a versatile property with inherent residential value, 161 Eley Road delivers on both location and certainty.