BEACHSIDE APARTMENT WITH SHOP INCOME

A unique opportunity to secure your dream bayside lifestyle has become available at 12 Station Road, Cheltenham.

Located in the bayside suburb of Cheltenham and being well connected to public transport, great coffee options and a local IGA supermarket, this spacious 3-bedroom apartment sits atop a fully leased retail shop which provides secure rental income.

Key features include:

THE OFFERING
~ 3-bedroom apartment + leased retail shop - all on one freehold title
~ Fully leased income estimated at $60,000 per annum*
~ Amazing Cheltenham activity centre location, close to train station, Charman Road shops and Southland shopping centre
~ Future Cheltenham Suburban Rail Loop connections at your fingertips

GROUND FLOOR INVESTMENT
~ High quality ground level shop of 65sqm*
~ Newly renewed 2 + 2 year lease at a rental of $22,759 per annum plus GST & most outgoings
~ Long standing tenant: Robertson Conveyancing

SPACIOUS RENOVATED RESIDENCE
~ Beautifully renovated three-bedroom home offering generous accommodation across two levels
~ Ground floor features a spacious living area, kitchen and meals zone, laundry with a separate toilet
~ Upstairs includes three well-sized bedrooms and a central bathroom with toilet
~ Private rear courtyard, single garage, plus an additional on-site car space
~ Ideal opportunity to move straight in or lease out as a quality investment

This is a unique opportunity to occupy and collect rental income, all while enjoying the dream bayside lifestyle!


Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers