15 Balaka Place, Bundoora

VIC 3083 SOLD

3Beds
1Bath
1Car

Solid Retail Investment Prime Bundoora Location

3Beds
1Bath
1Car
187.5m2

187m2 (approx.) of land with rear access with combined retail and residential strength.

Love & Co are pleased to present 15 Balaka Place Bundoora for sale.

Positioned in a strong retail shopping strip, this versatile commercial premises presents an exceptional investment opportunity.
Located minutes from very busy Plenty Road Shopping Precinct and with easy access to Settlement Road, Metropolitan Ring Road and ideally located to busy Grimshaw Street, this property offers an outstanding retail opportunity to invest in one of Bundoora's' long standing retail strips with good exposure from passing traffic.

Key Features:
* Currently leased returning $32,448.00 pa* plus GST and outgoings
* 5 year lease commenced 20/05/2023
* Fixed increase 2.5% pa with market reviews
* Further Terms of 3 x 5 Years each.
* High-exposure position with excellent signage
* Rear access and on-site amenities
* Surrounded by established businesses and public transport options
* Combined 3-bedroom , Shop and dwelling are 145.62m2 (approx.)
[ 3 bed, bath, 2 toilets, kitchen, laundry, living ]
* 1 Car space

This is your chance to secure a strong investment in a well-located retail/residential space in one of Melbourne's Norths high performing and sought-after suburbs.

Anwar Kattan 0431 169 844
Branko Agatanovic. 0448 035 565

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