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Investment Highlights
- A Freehold Mixed-Use Investment.
- One retail unit let to a hearing specialist on a 15 year lease from 30/10/2015.
- Potential to split the double unit back into two shops.
- 12 bedroom upper parts licensed as an 11 bed HMO let to 11 separate tenants.
- Prominent corner position.
- One double retail unit let to hairdresser a 10 year lease from 30/04/2025.
- 4 studio flats let on individual AST's.
Executive Summary
The property comprises a three storey terraced and three storey end of terrace building. The terraced building comprises a ground floor retail unit together with a 12 bedroom property licensed as an 11 bed HMO arranged across first and second floors. The end of terrace building comprises a ground floor retail unit together with 4 studio flats arranged across the first and second floors. The property may benefit from development/extension potential at the rear (subject to the requisite consents).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
731 SF
Building Class
B
Year Built
1870
Price
$2,622,580
Price Per SF
$3,587.66
Tenancy
Single
Building Height
3 Stories
Frontage
16’ on Eltham High Street
Amenities
- Accent Lighting
- Energy Performance Rating - C
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Regain Hearing
- -
- 731 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Regain Hearing | - | 731 SF | - | - |
1 1
Nearby Major Retailers
1 of 8
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201 Eltham High St
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