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11 Ian Street,
Noble Park 3174, Victoria

2 car spaces
209m² land size
70m² building size
Retail

$518,000

Property Price Statement

Securely Leased Investment in the Heart of Noble Park

An excellent opportunity to secure a fully leased commercial investment in one of Noble Park's established retail and commercial precincts. Offering immediate rental income and annual rental growth, this affordable investment is ideal for both seasoned investors and those looking to enter the commercial property market.

Positioned on approximately 209m² of land with a building area of approximately 70m², the property is currently leased to an established tenant and provides a strong holding income of approximately $19,845 per annum plus GST and outgoings, with annual rental increases built into the lease structure.

The premises comprises a flexible retail/commercial layout suitable for a variety of business uses and includes kitchen and toilet amenities. A significant advantage is the provision of two off-street car parks, providing added convenience for staff and customers alike.

Conveniently located within close proximity to Noble Park Shopping Centre, Noble Park Train Station and major arterial roads, the property benefits from excellent accessibility and exposure within a well-established commercial catchment. Schools, childcare facilities, parks and a wide range of local amenities are all nearby, supporting ongoing demand from both businesses and customers.

Property Features

• Land area: approx. 209m²
• Securely leased investment
• Returning approx. $20,442 p.a. plus GST & outgoings*
• Annual rental increases*
• Two off-street car parks
• Kitchen and toilet facilities
• Flexible retail/commercial premises
• Established Noble Park location

Secure your position in one of Melbourne's most affordable commercial markets with this well-located investment offering immediate income and future growth potential.

For further information or to arrange an inspection, contact Alan Tran on 0402 268 872.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Noble Park Primary School Primary Prep-6 Government 0.61km
  • St Anthony's School Primary Prep-6 Catholic 0.72km
  • Harrisfield Primary School Primary Prep-6 Government 1.3km
  • Yarraman Oaks Primary School Primary Prep-6 Government 1.4km
  • Wallarano Primary School Primary Prep-6 Government 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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