716A Gilbert Road, Reservoir

VIC 3073 SOLD - $901,000

Affordable Freehold. The Ideal Investment

271m2

Strategically positioned in a popular Village strip, in close proximity to parks, Edwardes Lake and public transport this is a rare opportunity to acquire an outstanding, versatile two-level freehold. This property has great potential and offers a wide variety of options and possibilities. Currently leased as a whole to one tenant, with a sublease in place for the unit
The lower level is currently configured as a news agency with a staff break room an office and a powder room. Enjoying independent access is a kitchen meals and bathroom joined by an internal staircase to a large living room and two bedrooms sharing a second bathroom.

* Income: $18,480 per annum plus GST and outgoings
* Building area: 220m2 approx.
* Land area: 271m2 approx.
* R.O.W at rear to gated parking
* Commercial Zone 1
* Lease in place until November of 2022

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist