+21 Photos

The Park House - Riverbank, 2 Walmer Street, Abbotsford, VIC, 3067

Properties / Buy / Victoria / Abbotsford

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Floor Area

131 - 153 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant, Mixed Use

Est. Income

$129,865 p/a

Show All

2. Property Highlights

TWO SUPERB RETAIL INVESTMENTS

2 retail investments to be sold separate
Retail 1 sales display - $62,400 pa
Retail 5 cafe/restaurant - $67,465 pa

Gorman Commercial is pleased to offer these two retail investments at the bottom of the Riverbank - The Park House development in Abbotsford, which are to be sold separately by Auction on Friday 14th June at 12 noon on-site.

Key features of these offerings include:

Retail 1

* 156 sqm corner sales display suite for Riverbank - The Park House apartment project, developed by Salta

* New 3 year lease returning $62,400 pa

Retail 5

* 131sqm café/restaurant premises fronting onto the Yarra River and the Walmer Street pedestrian bridge

* 7 year lease returning $67,465 pa

* Immaculate low maintenance investments

* Both properties have 2 basement car spaces each

The properties are located directly opposite Victoria Gardens Shopping Centre, and literally back onto the Yarra River and are surrounded by many successful multi-storey apartment developments.

Remember to mention you found this property on CommercialReady