$600,000 - $660,000
161 Eley Road, Blackburn South, VIC 3130
Invest with Confidence: Prime Commercial Property with Stable Tenant
Inspection Friday 13/06, 20/06, 27/06, 04/07 between 1:30-2pm
Inspection access via rear lane
Positioned on a prominent shopping strip in the heart of Blackburn South, 161 Eley Road presents a rare and compelling opportunity to acquire a high-exposure property offering a secure lease in place for the premises, including the integrated residential unit.
The ground floor commercial space is currently home to a reputable and established local fish and chip business, a tenant for over 10 years, ensuring immediate rental income and long-term investment security. This thriving enterprise benefits from excellent street frontage and strong visibility within a bustling Commercial 1 Zone.
Adding significant value and versatility to the asset is the private residential unit located above the shop. This comfortable two-bedroom residence, complete with its own kitchen, a spacious living area, bathroom, and a generous first-floor private courtyard carpark. This unique combination makes the property highly appealing and flexible for current and future occupants.
Easy Access To Burwood Highway & Blackburn Road. Moments From Forest Hill Chase, Burwood One & Local Conveniences.
- Established Tenant: 10+ Years, Reputable Fish & Chip Shop
- Secure Income: Current Rental Income $29,100/pa
- Integrated Residence: 2-Bedroom Unit Above The Shop With Private carpark.
- Commercial 1 Zone
- Strong Residential Catchment
Whether you're looking to strengthen your portfolio with a robust, income-producing asset or seeking a versatile property with inherent residential value, 161 Eley Road delivers on both location and certainty.
Inspection access via rear lane
Positioned on a prominent shopping strip in the heart of Blackburn South, 161 Eley Road presents a rare and compelling opportunity to acquire a high-exposure property offering a secure lease in place for the premises, including the integrated residential unit.
The ground floor commercial space is currently home to a reputable and established local fish and chip business, a tenant for over 10 years, ensuring immediate rental income and long-term investment security. This thriving enterprise benefits from excellent street frontage and strong visibility within a bustling Commercial 1 Zone.
Adding significant value and versatility to the asset is the private residential unit located above the shop. This comfortable two-bedroom residence, complete with its own kitchen, a spacious living area, bathroom, and a generous first-floor private courtyard carpark. This unique combination makes the property highly appealing and flexible for current and future occupants.
Easy Access To Burwood Highway & Blackburn Road. Moments From Forest Hill Chase, Burwood One & Local Conveniences.
- Established Tenant: 10+ Years, Reputable Fish & Chip Shop
- Secure Income: Current Rental Income $29,100/pa
- Integrated Residence: 2-Bedroom Unit Above The Shop With Private carpark.
- Commercial 1 Zone
- Strong Residential Catchment
Whether you're looking to strengthen your portfolio with a robust, income-producing asset or seeking a versatile property with inherent residential value, 161 Eley Road delivers on both location and certainty.
PROPERTY FEATURES
- Close to Schools
- Close to Shops
- Close to Transport
Property Info
Municipality
Blackburn South
AUCTION
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UPCOMING INSPECTIONS
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