Fully leased mixed use retail & residential investment property, with future development potential.
Situated on a 730m2 allotment in a neighborhood center zone is a retail shop of approx 123m2 currently leased by Kebab & Pizza Bar business for $19,384p.a. plus outgoings and GST till 31st June 2020 with one right to renew for five (5) years, fixed 2.5% annual rent reviews and to market on renewal.
Also attached is a three bedroom conversational styled dwelling separately rented at $14,300p.a. till April 2019.
To arrange an inspection please contact Agent at Munro Commercial ph 8132 2030 RLA 150778
The size of Blair Athol is approximately 2.0 square kilometres. It has 5 parks covering nearly 5.6% of total area. The population of Blair Athol in 2016 was 4630 people. By 2021 the population was 5274 showing a population growth of 13.9% in the area during that time. The predominant age group in Blair Athol is 20-29 years. Households in Blair Athol are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Blair Athol work in a professional occupation.In 2021, 51.60% of the homes in Blair Athol were owner-occupied compared with 51.70% in 2016.
Blair Athol has 2,495 properties. Over the last 5 years, Houses in Blair Athol have seen a 94.97% increase in median value, while Units have seen a 129.11% increase. As at 31 December 2025:
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