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59A & 61 Armadale Street & 12 Fetherston Street, ARMADALE VIC 3143 SOLD

VERSATILE CORNER OPPORTUNITY IN BLUE CHIP LOCATION
11
Price
Contact Agent
Building Area
212 sqm
  • Current income: $124,518 pa
  • Potential rental uplift
  • Combined frontage of 35 metres

Description

Auction: Friday 20th September at 12 noon on-site

Rare opportunity to acquire this exceptional freehold investment with three separate tenancies including longstanding and well-known tenant, Coin Laundry Cafe.

* Current income: $124,518 pa + GST + outgoings
* Potential rental uplift with a current vacant office tenancy of 80 sqm approx.
* Combined frontage of 35 metres (Armadale Street - 15 metres, Fetherston Street - 20 metres)
* Directly opposite Armadale Train Station and 200 metres to High Street retail
* Three (3) separate titles to be offered as one

Located within the affluent suburb of Armadale, this unique offering is within close proximity to excellent public transport and a variety of lifestyle amenity.

LOCATION