Description
Prime Dual-Income Investment with Future Development Potential (STCA)
Retail - Gladstone Park VIC
Prime Investment with Dual Income & Future Development Potential (STCA)
An exceptional opportunity to secure a corner freehold property in a tightly held pocket of Gladstone Park, offering an established café and a separate 3-bedroom residence on a generous allotment of approximately 608m².
This outstanding investment delivers a combined rental return of $58,545.68 per annum, providing both immediate income and exciting long-term potential.
Commercial Lease:
*Café with established tenancy
* Current term: 3 years commencing 01/04/2021 with two further terms of 3 years
*Current rent: $37,225.68 per annum
Residential Lease:
*3-bedroom dwelling leased on a 12-month fixed term commencing 07/03/2025
*Rent: $21,320 per annum
Positioned in a sought-after location close to Gladstone Park Shopping Centre, schools, and major arterials, this property represents an ideal investment with strong holding income and exceptional redevelopment prospects (STCA).
Whether you’re seeking to expand your portfolio or capitalize on future growth, this dual-income freehold is not to be missed.
Further details, contact Jason Sassine 0419 332 536
Conjunctional Agency: Nicholson Real Estate
21 Brunswick Rd Brunswick East 3057
Gabriel Mercuri 0411 701 133
Jason Real Estate – Commercial
201C Melrose Drive
TULLAMARINE, VIC 3043
Price guide
Open inspection
click hereContact Agent
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Gabriel Mercuri
Even after decades of experience in the industry, Gabriel remains passionate about meeting new clients and discovering new opportunities. He describes himself as a problem solver who thinks outside the box. He’s a team player- always willing to share his expertise and be involved in different events and projects. His pastimes include gardening, walking his dog, and, most importantly, laughing. Read More
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Property Features
- Retail
- Land is 608 square
- Floor Area is 1 m²
