38 Were St 1,399 SF 100% Leased Retail Building Montmorency, VIC 3094 For Sale

Here is a rare chance to secure a blue-chip investment in the heart of Montmorency’s thriving Were Street shopping precinct. This property combines three distinct income streams: a well-exposed ground-floor retail tenancy, an upstairs two-bedroom residence, and a large rear shed—all providing a combined rental return of approximately $95,000 per annum.
Positioned at the commercial heart of this popular strip, the property enjoys exceptional foot and vehicle traffic supported by an established tenancy mix of cafés, boutiques, and essential services. The retail space offers prominent frontage and strong signage opportunities, ensuring ongoing appeal for tenants and long-term stability for investors. The upstairs residence adds valuable versatility for live-in operators or as a standalone leased asset, while the rear shed generates additional income through storage rental options.
Montmorency’s unique village-like character, strong demographic profile, and limited supply of freehold opportunities make this a highly desirable acquisition in Melbourne’s northeast. With premium exposure and secure multi-stream income, this property offers exceptional fundamentals for investors seeking long-term value.