227 & 227A Melville Road, Brunswick West
Blue-Chip Mixed-Use Investment - Circa 6% Return!
EOI Closing Thursday, 6th August at 4pm
Positioned prominently on bustling Melville Road, this outstanding freehold presents an exceptional opportunity to acquire a securely leased mixed-use asset in one of Melbourne's most vibrant inner-northern suburbs.
Comprising a ground-floor retail premises and a self-contained residential dwelling above, the property benefits from dual income streams and a strong investment profile, circa 6% return per annum.
Surrounded by established local businesses and enjoying excellent exposure to passing vehicle and pedestrian traffic, the property is further enhanced by immediate access to public transport, with Tram Route 58 located directly at the doorstep.
Property features:
- Retail floor area: 160 sqm (approx.)
- Land area: 228 sqm (approx.)
- Ground-floor retail premises
- Self-contained residential accommodation upstairs
- Dual-income investment opportunity
- Returning approximately 6% per annum
- Rear laneway access with off-street parking
- Outstanding exposure along Melville Road
- Tram Route 58 at the doorstep
- Convenient access to CityLink and Moreland Road
An exceptional opportunity for investors seeking a well-located, income-producing asset with long-term appeal in a tightly held inner-city market.
Terms: 10% Deposit, Balance 60/90 Days