May 05, 2016

Worth The Wait

AUCTION
Thursday 19th May commencing 12 noon on site

1167 Glenhuntly Rd, Glen Huntly

For the first time in over 90 years, this charming shop and dwelling is being offered to the market.

Located in the heart of the Glen Huntly retail strip near Woolworths, this well presented two storey building features ground floor retail and a 3 bedroom dwelling above.

The ground floor is leased to St Zitas Café on a 3 x 3 year lease with a rental income of $21,384 plus outgoings.   The first floor features a three bedroom home with kitchen bathroom, living areas and spacious north facing balcony.  This is rented on a monthly basis.

The site comprises approximately 217m2 of Commercial 1 zoned land and benefits from rear laneway access and garage.

This property has been in the Clarke family since 1922 when Stanley Clarke moved his butchery business here.   S.P Clarke Butchery was well known for its prize bullocks and was arguably Glenhuntly’s leading quality butcher.

According to selling agent Matt Nichols, “Just as in 1922 shop and dwelling properties offer so much flexibility to the owner.  You can live in the top and lease out below or lease out the lot.  Either way it is a great investment in a popular area serviced by excellent public transport.”

NICHOLS CROWDER
358 South Road, MOORABBIN VIC 3189
9559 3888
Matt Nichols
Managing Director
0418 186 488