4/2 Walker Street
Moonee Ponds, VIC 3039

This property is a ground floor commercial space located within a low-rise boutique apartment complex, offering an excellent opportunity for investors or buyers seeking to establish a business presence. The space benefits from a prominent corner exposure, providing high visibility and street frontage that is ideal for retail or office use.

Approximately 50 square meters in size, the premises feature a street-facing window display that enhances the appeal for passing traffic and potential customers. The property includes one dedicated car parking space, adding convenience for tenants and visitors alike.

Investors will appreciate the current rental return of $18,000 per annum plus outgoings, making it a sound income-producing asset. Additionally, the location is poised for future growth and development, with the proposed Moonee Valley Racecourse redevelopment situated just across the road. This significant project will introduce approximately 2,500 new dwellings, transforming the area into a vibrant and thriving hub.

The combination of a strategic location, solid rental income, and future growth prospects makes this commercial space a compelling investment or business opportunity. Its position within a boutique complex ensures a professional environment while the corner exposure maximizes visibility and accessibility.

Overall, this property offers a versatile commercial space with excellent potential for both immediate use and long-term capital growth in a rapidly developing precinct.