Rare building with 2 tenancies
7 Borrack Square, Altona North VIC 3025
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RetailSize: n/a
Block size: 87 m² approx.
Rare double storey building in a tightly held location. Retail shop downstairs (80m² approx.) and a separate open plan floor space upstairs (80m² approx.), both with associated amenities, dual street access and abundant car parking.
Located in Melbourne's surging Inner West and centrally positioned within Altona North and Borrack Square's bustling commercial 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 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. Or why not occupy one space and continue to lease the other?
Current rental return is:
$30.628 (incl GST) per annum for the ground floor retail shop &
$19,360 (incl GST) per annum for the upstairs office space.
Call now for an inspection
Located in Melbourne's surging Inner West and centrally positioned within Altona North and Borrack Square's bustling commercial 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 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. Or why not occupy one space and continue to lease the other?
Current rental return is:
$30.628 (incl GST) per annum for the ground floor retail shop &
$19,360 (incl GST) per annum for the upstairs office space.
Call now for an inspection
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Shane Ah-Kan to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
87 m²*
Other Details
Lot:
127
Plan:
LP50196
Legal description:
127\LP50196
Maps and area information
Block information
Block size: 87m² (approx)
Legal description: 127\LP50196
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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Altona North suburb information
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SummaryMedian sales
Average Age
39 years
Population
12,962
Listing ID: 182553440. This listing has been viewed 0 times. It was first displayed on 27/05/2024 and last updated on 27/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.