258 Lower Plenty Road
Rosanna, VIC 3084

This versatile mixed-use freehold property is located in the heart of Rosanna, offering a smart investment opportunity with dual income streams. The property features a ground floor retail premises currently leased to a reputable wellness-based operator, ensuring a steady rental income. Above the retail space is a fully self-contained first floor residence, providing additional rental income and appealing to a wide range of tenants.

The property is zoned Commercial 1 (C1Z), making it suitable for various commercial and residential uses. The land area measures approximately 155 square meters, while the building area is approximately 227 square meters, providing ample space for both commercial and residential purposes.

Key features of this property include separate entrances for the retail and residential areas, ensuring privacy and convenience for tenants. The total income generated from both leases is approximately $59,941 per annum, highlighting the property's strong investment potential.

Additional benefits include rear access via Rosanna Road, enhancing accessibility and logistics. The location is highly desirable, with a short walk to Rosanna Station, offering excellent public transport options. The property enjoys maximum street exposure, increasing visibility for the retail business and enhancing its commercial appeal.

This property represents a great investment opportunity for those seeking a mixed-use asset with reliable income streams and potential for future growth. Vacant possession is available upon request, providing flexibility for new owners or investors to occupy or lease the premises as desired.

Overall, this property combines the advantages of commercial and residential leasing in a prime location, making it an attractive proposition for investors looking to diversify their portfolio with a secure and income-generating asset.