Prime Commercial Investment or Residential Redevelopment Opportunity in Williamstown 44-46 Thompson Street WILLIAMSTOWN VIC

Description

Auction Date 11:00 AM Saturday, 14 December 2024
Auction Location 44-46 Thompson St, Williamstown

Rare opportunity to purchase a residentially zoned investment with the benefits & savings provided by established commercial tenants. 2 flexible and adaptable tenancies combined on one title currently returning net annual income of $50,000 per annum + GST + outgoings.

This well known neighborhood retail bottle shop outlet features generous display space, a central cool room and ample storage while the adjoining tenancy is configured as an office / studio & leased to a local event management business.

The ability to fulfil a future residential role if so desired complements the office/studio, where up to three bedrooms/consulting rooms are complemented by a dedicated living/dining and kitchen zone and modern bathroom at the rear.

An investment with a track record of reliable returns in a location that provides desirable proximity to Nelson Place, Williamstown station and the water, this is a property of exceptional appeal and promise – equally successful from a range of perspectives!

Or future residential redevelopment opportunity.

• 2 versatile single-level commercial/retail tenancies on one title
• Net rental return of $50,000 + GST + outgoings pa
• Well known commercial bottle shop premises tenancy
• Office / Studio leased to events business
• Frontage of 9.8m
• Tenants pay majority of outgoings subject to the Retail Leases Act

Contact agents for sale documents and inspection times