$750,000

Positioned in the heart of Portland's thriving CBD, and overlooking the bay is this fantastic commercial property. 77 Bentinck Street features a commercial business space on the ground floor and a neat 2 bedroom apartment on the first floor. The shop is currently leased by a local and successful retail store, Pauline's Absolutely Fabulous Accessories and is currently achieving a rental income of $20,800 per annum on a three year lease ending 2025, with the option for 1 additional 3 year lease. With the addition of the commercial tenant paying all out goings on the shop. Both the business and the apartment offer full views of the bay, with upstairs views being quite spectacular. The shop features a good size shop floor with broad street frontage, capturing the eye of local shoppers and tourists. The shop also has an office/storage room, complete with a kitchenette and more storage and toilet facilities out the back. The apartment has it's own private access and features a good size lounge room with large windows, to capture the fantastic views, separate kitchen with gas cooking and dishwasher. Two bedrooms, both with BIR's, bathroom with bath, shower, vanity and toilet and a large utilities room/study. Finally this property offers rear access from IGA's carpark, a single garage and a storage shed. For more information or to arrange an inspection, call the Exclusive listing Agent Allan Barrett on 0438 660 057 or the Seaview Real Estate office on (03) 5523 3822