NOTHING FISHY ABOUT THIS SHOP AND DWELLING INVESTMENT

- Ray White Preston Commercial are excited to offer this superb boutique freehold investment in a popular Thornbury location only 9km's * from the Melbourne CBD
- Strategically located in the heart of vibrant High Street - recently voted the 'coolest street in the world'
- Surrounded by popular eateries, retailers, offices and various multi storey residential apartment buildings
- Dwelling of 2 bedrooms, lounge, kitchen, bathroom and two toilets, storeroom, storage shed and right of way rear access to carport
- Leased to longstanding and well-regarded "Fish on High" with the current tenant in possession for the last 16 years
- Four (4) year lease term until 28.10.2029 with a further option of four (4) years
- Currently returning $40,594 per annum plus outgoings
- CPI cent annual increases with a market review on the option
- Flexible Commercial 1 Zoning with frontage to High Street and rear lane access
- Outstanding transport options nearby with Thornbury Train Station within 500 metres * and the tram at your door step
- Commercial One Zoned land of 211 sqm*
- Fish and Chip businesses operating from the property for the last 40 years
- The property is eligible for Self Managed Super Fund (SMSF) LRBA Borrowing
- Tax effective investment opportunity with the Negative Gearing option available for investors
* Approximately

From 1 July 2024, The State Revenue Office offers eligible buyers of commercial and industrial properties the option to pay stamp duty upfront at settlement or spread payments over 10 years.

For further information or to arrange an inspection contact:
John Kalpakis: 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis: 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

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

St Mary's School Primary Prep-6 Catholic 0.47km
Thornbury Primary School Primary Prep-6 Government 0.54km
Preston South Primary School Primary Prep-6 Government 0.73km
St John's College Preston Combined Prep-12 Independent 0.74km
Sacred Heart School Primary Prep-6 Catholic 0.89km
Fitzroy Community School - Thornbury Campus Primary Independent 0.90km
Parade College - Preston Campus Secondary Catholic 1.0km
Bell Primary School Primary Prep-6 Government 1.1km
Penders Grove Primary School Primary Prep-6 Government 1.1km
Wales Street Primary School Primary Prep-6 Government 1.2km
SEDA College (Victoria) - AFL- Preston Secondary Independent 1.4km
Preston High School Secondary 7-12 Government 1.4km
Holy Spirit School Primary Prep-6 Catholic 1.6km
Preston West Primary School Primary Prep-6 Government 1.8km
Santa Maria College Secondary 7-12 Catholic 2.0km
Thornbury High School Secondary 7-12 Government 2.1km
Antonine College - Cedar Campus Combined Catholic 2.2km
Northcote Primary School Primary Prep-6 Government 2.2km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.2km
St Raphael's School Primary Prep-6 Catholic 2.2km
Virtual School Victoria Combined Prep-12 Government 2.4km
Northern College of the Arts and Technology Secondary 10-12 Government 2.5km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 2.6km
Northcote High School Secondary 7-12 Government 2.6km
Sydney Road Community School-Coburg Teaching Unit Secondary Government 2.7km
Coburg High School Secondary 7-12 Government 2.9km
Islamic College of Sport Secondary 11-12 Independent 3.1km

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.

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