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173 Main Rd W 2,077 SF Retail Building St Albans, VIC 3021 $864,540 ($416.16/SF)



Investment Highlights
- Main road frontage with strong exposure, strong customer accessibility
- Two-bedroom apartment with lounge and kitchen upstairs
- Potential for dual income from shop and apartment
Executive Summary
This mixed-use property presents a rare opportunity for owner-occupiers or investors seeking flexibility and strong income potential. Located on a main road with excellent visibility, the property features a ground-floor retail shop of approximately 96.5 m², ideal for retail, dining, or office use.
Upstairs, a two-bedroom apartment offers comfortable living quarters with a lounge and well-equipped kitchen, creating an ideal live-work arrangement or additional rental income. The total internal space spans approximately 193 m², providing ample room for both business and residential purposes. Rear access with parking adds convenience for occupants and customers. With potential for dual income streams, this property is a compelling investment in a high-exposure location.
Upstairs, a two-bedroom apartment offers comfortable living quarters with a lounge and well-equipped kitchen, creating an ideal live-work arrangement or additional rental income. The total internal space spans approximately 193 m², providing ample room for both business and residential purposes. Rear access with parking adds convenience for occupants and customers. With potential for dual income streams, this property is a compelling investment in a high-exposure location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,077 SF
Building Class
C
Price
$864,540
Price Per SF
$416.16
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.05 AC
Frontage
19’ on Main Road West
Amenities
- Bus Line
- Commuter Rail
- Courtyard
- Signage
- Recessed Lighting
- Balcony
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173 Main Rd W
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