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218A Main Road East 1,292 SF Vacant Retail Building St Albans, VIC 3021 For Sale
Investment Highlights
- Fully leased ground-floor retail space generating strong annual income.
- Positioned on Main Road East with significant exposure and convenient rear lane access.
- Self-contained three-bedroom apartment with separate entrance for dual use.
- Located near St Albans Station, major retail hubs, and just 18 km from Melbourne CBD.
Executive Summary
An exceptional investment opportunity awaits with this two-story mixed-use building positioned in the heart of St Albans’ bustling commercial precinct. Currently configured with a retail tenancy and a self-contained three-bedroom apartment upstairs, this property presents diversified income streams ideal for investors, superfund portfolios, or owner-occupiers looking for combined living and business convenience.
Strategically located within Commercial Zone 1 and fronting Main Road East, the property benefits from high pedestrian and vehicular traffic, excellent public transport connectivity, and quick access to St Albans Station and major shopping destinations. Proximity to Brimbank Shopping Centre, Alfrieda Street retail strip, and key arterial roads further enhances its long-term value and growth prospects.
Strategically located within Commercial Zone 1 and fronting Main Road East, the property benefits from high pedestrian and vehicular traffic, excellent public transport connectivity, and quick access to St Albans Station and major shopping destinations. Proximity to Brimbank Shopping Centre, Alfrieda Street retail strip, and key arterial roads further enhances its long-term value and growth prospects.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,292 SF
Building Class
C
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.04 AC
Parking
4 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
16’ on Main Road East
Amenities
- Signage
- Storage Space
1 1
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218A Main Road East
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