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An outstanding opportunity to acquire a two-level freehold, with Advantage Pharmacy Elsternwick occupying the ground floor and additional income potential from a vacant first floor office/residence. A rare opportunity that would suit an array of investor profiles. Auction: Wednesday 13th October 2021 at 12 noon on-site Key property features include: * Tenant: Advantage Pharmacy
* Brand new 7 year lease
* Current income: $60,000 pa net
* Potential income: $90,000 pa net
* Long-term use as a pharmacy (GF)
* Vacant first floor office with dual separate access enabling income stream potential
* Land area: 280 sqm approx.
* Rear access with on-site parking The property is strategically located in the heart of the thriving Elsternwick retail precinct. Immediate proximity to national tenants including Coles, Bank of Melbourne, Nando's, Optus and Officeworks.
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