13-15 Hamilton Street, Mont Albert
13-15 Hamilton Street, Mont Albert
Favourable Yielding Investment + Subdivision Potential ! - tenanted to Churchill Cafe until 2028

Positioning itself as a desirable high yielding investment, this rare offering is a chance to add a securely tenanted asset to your improving portfolio.

The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.

The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe).

The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI adjustments.

• Securely leased in a bustling shopping strip walking distance to train tration, tram and bus
• An outdoor space with room for chairs, tables and umbrellas and a building with plenty of space for indoor seating and kitchen
• Returning a rental income of approx. $89,414 per annum, leased until 2028
• Land area is 317sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)

Located among an eclectic array of shops, restaurants and services along Mont Albert’s primary shopping strip, close to Union Station and connecting major roads.

This is an exciting opportunity not to be missed! Call today!

Favourable Yielding Investment + Subdivision Potential ! - tenanted to Churchill Cafe until 2028

Positioning itself as a desirable high yielding investment, this rare offering is a chance to add a securely tenanted asset to your improving portfolio.

The classic building and outdoor area is positioned on 316sqm and is incredibly located in a bustling shopping strip within walking distance to the new Union Train Station, and only 1.3km to Box Hill Central.

The property is fully leased to a popular local cafe operation until 2/4/2028 (Churchill Cafe).

The outdoor area and the shop are currently returning a rental income of approx. $89,414 per annum ($7,451.20 per calendar month) approx. with annual CPI adjustments.

• Securely leased in a bustling shopping strip walking distance to train tration, tram and bus
• An outdoor space with room for chairs, tables and umbrellas and a building with plenty of space for indoor seating and kitchen
• Returning a rental income of approx. $89,414 per annum, leased until 2028
• Land area is 317sqm, zoned C1Z
• Potential to extend or build on the outdoor area (STCA)

Located among an eclectic array of shops, restaurants and services along Mont Albert’s primary shopping strip, close to Union Station and connecting major roads.

This is an exciting opportunity not to be missed! Call today!

Auction: Saturday 10th August at 12:00 pm 2024-08-10 12:00:00 2024-08-10 13:00:00 Australia/Melbourne Auction:13-15 Hamilton Street, Mont Albert Property Price: $2,900,000

Visit Site: https://www.rosshunt.com.au/commercial/13-15-hamilton-street-mont-albert-2/
13-15 Hamilton Street, Mont Albert
Price: $2,900,000 - $3,190,000
Property Features
Property Features
  • Retail
  • Land is 316 m²
  • Floor Area is 302 m²
Inspection Times

No inspection times are currently booked for this property.

Executive Sales Consultant

0412 100 989

Email

Sales Director | CEA | Award Winning Auctioneer

0411 222 744

Email

Submit an Enquiry

Submit an enquiry about this property and we will get back to you as soon as possible.