Here is an excellent opportunity to acquire a well presented, securely leased freehold including a 2 bedroom plus study upstairs apartment located in the heart of bustling Alexandra.
The newly renovated upstairs apartment offers 2 two good sized bedrooms plus study, open plan living area, kitchen with dishwasher, electric cooktop, split system & laundry facilities. The apartment also has new blinds, flooring & paint throughout.
The land is a total of 503.91sqm approx. with off street parking for 6 cars, courtyard & garden shed via a wide side laneway.
Large retail space over 162.10sqm (approx.) which is high visibility in the centre of a busy shopping precinct offering a brand new rear extension with rear roller door access, kitchenette, office facilities, two split systems and disabled bathroom facilities.
Key attributes of the property include:
* Upstairs two bedroom apartment currently rented privately at $11,960 pa ($230 per week) on a periodic tenancy
* Commercial space securely leased on 2 year lease with an option of two further terms of 2 years
* Commercial Income: $17,200 pa ($350 per week)
This property offers a fantastic investment opportunity with the scope for increased rental returns whilst securing a premium property in the heart of this growing country town.
The size of Alexandra is approximately 79.4 square kilometres. It has 9 parks covering nearly 1.1% of total area. The population of Alexandra in 2016 was 2695 people. By 2021 the population was 2801 showing a population growth of 3.9% in the area during that time. The predominant age group in Alexandra is 60-69 years. Households in Alexandra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Alexandra work in a trades occupation.In 2021, 77.20% of the homes in Alexandra were owner-occupied compared with 72.80% in 2016.
Alexandra has 1,939 properties. Over the last 5 years, Houses in Alexandra have seen a 35.33% increase in median value, while Units have seen a 57.51% increase. As at 30 November 2025:
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