Sold

10 Melba Avenue,
Sunbury 3429, Victoria

2 bedrooms
1 bathroom
2 car spaces
183m² land size
Apartment

$760,000


Property details

TWO INVESTMENTS IN ONE - COMMERCIAL/RESIDENTIAL

This is certainly an extremely rare opportunity for the savvy investor. Tightly held in one of our well established Estates within a busy and diverse strip shopping group which includes a Foodworks anchor.

Downstairs the long standing popular Laundrette is spacious with room to expand and rear yard access via laneway which includes private covered parking.

- Lease commenced 29/03/21 3 years with annual CPI rises.
- Current yearly rent $24,600 plus out goings
- 2 further terms of 3 years
- Floor space 120sqm (approx.) plus parking
- Security deposit and personnel guarantee in place.

Upstairs, accommodation comprises of kitchen/meals, family area, 2 bedrooms plus 3rd bedroom/separate lounge
- current yearly residential rent is $13,008.

On one title and zoned Commercial 1, this is the perfect portfolio balance providing security and a great return. Will be sold at Auction (prior offers may be considered ). Call for full documentation.

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

  • Sunbury West Primary School Primary Prep-6 Government 0.68km
  • Sunbury Heights Primary School Primary Prep-6 Government 0.78km
  • Killara Primary School Primary Prep-6 Government 1.1km
  • Holy Trinity Catholic Primary School Primary Prep-6 Catholic 1.2km
  • St Anne's School Primary Prep-6 Catholic 1.2km

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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