66-70 Gertz Avenue
Reservoir, VIC 3073

This property presents a lucrative investment opportunity with a mixed-use occupancy currently leased until 2028, with intentions to extend the lease until 2053. Located in Reservoir, this asset offers a guaranteed tenancy and potential annual income of approximately $98,922.

The ground floor features a spacious shop with a prominent corner frontage, ideal for retail or commercial use. The shop includes an office area, storage facilities, a staff change room, and bathroom amenities, supporting a functional and efficient business operation.

Upstairs, there is a private apartment set back from the shop front, providing comfortable accommodation suitable for a small family. The apartment comprises three bedrooms, each with built-in robes, a combined living and dining area, a kitchen, and a double garage. The separate entrance to the apartment offers the potential for additional rental income.

• Equipped with three split system heating and cooling units for year-round comfort.
• Features 120 solar panels with six inverters, contributing to energy efficiency and reduced operating costs.
• The land size totals 569 square meters, providing ample space for the building and potential outdoor use.
• There are three toilets onsite, accommodating both commercial and residential needs.
• The combined potential income from both the shop and apartment is approximately $98,922 per annum.

This property is ideal for investors seeking a secure income stream with long-term tenancy in a well-established location. Enquiries are welcomed to explore this exceptional opportunity further.