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Investment Highlights

  • Retail + Residential Freehold in a thriving local shopping strip.
  • Two-bedroom residence with full bathroom, separate laundry, and functional kitchen.
  • Private rear yard with shed for additional storage.
  • Retail shop approx. 70 m² with flexible open-plan layout.
  • Total building area: approx. 140 m² | Land size: approx. 210 m².
  • Excellent street exposure with abundant customer parking nearby.

Executive Summary

This property presents a rare opportunity to secure a versatile retail and residential freehold in a thriving local shopping strip. Featuring a spacious retail shop at the front and a two-bedroom residence at the rear, the property offers an ideal solution for owner-occupiers, investors, or mixed-use operators seeking flexibility and strong exposure.
The retail shop provides an open-plan layout with excellent street frontage, while the residence includes two generously sized bedrooms, a full bathroom, separate laundry, and a functional kitchen with an open-plan living area. A private rear yard with a shed adds further convenience.
Positioned in a well-established precinct, the property is surrounded by local amenities, parks, and public transport, ensuring accessibility and consistent customer traffic. Zoned Commercial 1 (C1Z), the site offers long-term potential for a variety of uses (STCA).

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,507 SF
Building Class
C
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Frontage
21’ on Alexander Avenue

Amenities

  • Fenced Lot
  • Accent Lighting
  • Storage Space
  • Air Conditioning
  • Listing ID: 40065777

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 128 Alexander Ave, Thomastown, VIC 3074

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