Are you on the lookout for an excellent commercial investment opportunity? If so, look no further than this property which comprises a retail fish and chip shop and a two-bedroom unit. The property is situated in a prime location opposite St. Brendan's Church and Notre Dame College, which makes it an ideal investment. The retail area of the shop measures approximately 140 sqm and features a modern, clean, and always busy. At the back of the shop, you'll find an additional storeroom and cool room. The shop's roof has a solar panel with a capacity of 6000 kWh that puts the power back into the grid, making it an eco-friendly property. Currently, this property generates $32,190.48 per year, and all the outgoings are covered. The two-bedroom unit at the back of the shop is a spacious one, featuring an open-plan kitchen, dining room, and living room. The unit also comes with a standard bathroom and laundry facilities. Both bedrooms can comfortably accommodate a double bed. The property has an end-to-end carport with access from Harold Street, providing ample space for vehicles. There is also a useful backyard that provides a safe place for children to play. This is an excellent opportunity for anyone looking to invest in a property that promises a good return on investment. Don't miss out on this rare opportunity to secure a prime property!
Interested in this investment opportunity? Call Michael Blake on 0412 503 806 to schedule an inspection!
Property Code: 4687
The size of Shepparton is approximately 42.9 square kilometres. It has 101 parks covering nearly 25.5% of total area. The population of Shepparton in 2011 was 29,553 people. By 2016 the population was 31,204 showing a population growth of 5.6% in the area during that time. The predominant age group in Shepparton is 0-9 years. Households in Shepparton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepparton work in a professional occupation. In 2011, 59.9% of the homes in Shepparton were owner-occupied compared with 58.6% in 2016.
Shepparton has 18,121 properties. Over the last 5 years, Houses in Shepparton have seen a 61.75% increase in median value, while Units have seen a 60.08% increase. As at 31 October 2024:
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