This affordable freehold property in the central heart of Black Rock’s bustling shopping precinct offers an opportunity to the astute investor or future owner occupier.

Key Features:

-2 Story building comprising retail shop front + 2 bedroom residence with rear courtyard
-Currently Leased to Dawn Chinese Massage since September 2016
- New Lease 3 years from the 05/09/2022 with no further terms
-Total land area: 200 sqm approx
-Total building area: 155 sqm approx
-Current Income: $51,984.12 + outgoings + GST
-Fixed annual increases of 3%
-Rear access with on site parking
-Multiple public car parks nearby
-Zoned Commercial 1
-Located metres from the Black Rock clock tower, Bluff Road, Beach Road & Balcombe Road intersection.
-Underpinned by affluent catchment of premium Bayside suburb of Black Rock with a median house value of $2,737,500

Inspections:
Saturday 06/08/2022 - 12:00pm - 12:30pm
Saturday 13/08/2022 - 10:00am - 10:30am
Saturday 20/08/2022 - 10:00am - 10:30am
Wednesday 24/08/2022 - 01:00pm - 01:30pm
Sunday 28/08/2022 - 02:30pm - 03:00pm

Sale method: On site auction Sunday 28th August @ 3:00pm