Stunning Views, Invest With Upside
A once in a lifetime opportunity to secure your dream bayside lifestyle has become available at 68-69 Beach Road, Mentone.
With stunning panoramic views over Beaumaris Bay, Mentone Life Saving Club and all the way down the peninsula to Port Philip Heads, this spacious 3-bedroom apartment sits atop two fully leased commercial shops which provide secure rental income.
Key features include:
THE OFFERING
* Two leased shops and a whole floor apartment – all on one title
* Fully leased income estimated at $170,000 per annum (approx.)
* Commercial 1 zoned site totaling 667sqm*
* Opportunity to further development rear land (STCA)
THE APARTMENT
* Whole floor apartment with 3 bedrooms and 2 bathrooms
* Large living, kitchen and dining areas
* Terrace with stunning views!
* Garage plus double carport/single garage
* Would be an amazing Airbnb opportunity!
THE COMMERCIAL
* Renewed five (5) year lease to well-established cafe, Chain of Fools
* Secure lease to leading bayside architect, Kiril Architects
* Total commercial rental income of $121,700 per annum (approx.)
This is a unique opportunity to occupy and collect rental income, all while enjoying the dream bayside lifestyle!
For further details or to arrange an inspection please contact:
James Glen 0401 493 277
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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