Auction:
Wednesday 28th May, 1:00pm
115 m²
Auction:
Wednesday 28th May, 1:00pm
115 m²
A rare and flexible opportunity to secure a shop and dwelling in the heart of the vibrant West Footscray Shopping Strip (WeFo)!
This property offers multiple possibilities:
✅ Investment opportunity with dual rental income
✅ Owner-occupier potential—your investment at the front while you live at the back
✅ Redevelopment potential (STCA) to maximize value
Prime Location
Situated in a thriving retail and lifestyle hub with minimal vacancies, the area is home to a supermarket, grocery store, cafes, restaurants, and professional suites. Conveniently serviced by primary schools and public transport, making it an ideal choice for business and living.
Property Features:
- Shop: Currently leased for $44,200 per annum (Lease: 3x5x5 from 2020)
- Residence: Estimated rental potential of $20,000 per annum
- Separate rear access to the dwelling with a large carport
- Residence includes: 3 bedrooms, living room, kitchen/meals area, and essential amenities
Don’t Miss Out!
This versatile and high-demand property is an opportunity not to be overlooked.