94 Wedgewood Road, HALLAM VIC 3803 - Facey Commercial Property Agent
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94 Wedgewood Road, HALLAM VIC 3803 | Enquire Now

Dual Buildings, Dual Income Investment Opportunity

Prominent main road location in Hallam Industrial Estate. Close to intersection of Princes Highway and Monash Freeway / Westernport Highway.&#xD&#xD Facey Property is proud to offer this property for sale by way of Expression of Interest closing Wednesday, 22nd June, at 5pm.

Take advantage of this exciting dual premises investment. The warehouse and cafe provide a combined income stream of $86,298.40 nett, direct street frontage and 16 car parking spaces, with an opportunity for future sub-division (STCA).

Ideally located within Hallam’s industrial estate, the 1,067m2 block is on a prominent main road, close to Princes Highway and Monash Freeway/Westernport Highway.

The Fat Sicilian Café is a well-established, modern-styled business with exceptional presentation and operation. The 183m2 cafe is located prominently on Wedgewood Road, providing high exposure to passing traffic. Included is an elevated outdoor seating area with nine off-street car parks. In their first five-year term returning $55,166 pa + GST, there is a further five-year option with annual rental increases of 3.0%.

The well-presented and maintained 425m2 warehouse/showroom has multiple roller door access points from the front and rear, a further bonus storage mezzanine area, and seven car parks. Leased to Regency Calisthenics College; however, the well-designed and flexible layout allows easy leasing when required. In their first five-year term, returning $32,908 pa + GST and outgoings, there is a further five-year option with annual rental increases of 3.0%.

Enquire at www.faceyproperty.com.au.


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