3/610 Mountain Highway

Bayswater VIC 3153

QUICK STATS: $99,780 Net Annual Income 100% Fully Occupied 4 Income Streams (1 retail + 3 residential) Commercial 1 Zoning (C1Z)WHY THIS PROPERTY STANDS OUT MULTIPLE INCOME STREAMS | 100% OCCUPANCYRare mixed-use investment with four distinct revenue channels. The street-front coin laundry generates strong passive income while three residential tenancies provide housing security. Zero vacancy risk, established tenants, immediate cash flow. STRONG $98,844 ANNUAL NET INCOMECoin Laundry: $32,136 PA + GST (with 3% annual reviews)Unit 2 (2-Bed): $24,180 PAUnit 1 (2-Bed): $24,696 PAUnit 3 (1-Bed): $18,768 PA TIGHTLY HELD EASTERN SUBURBS INVESTMENTLocated in Melbourne's premium eastern suburbs within City of Knox. These mixed-use investment properties are rarely available in this sought-after precinct. PREMIUM BAYSWATER LOCATIONMountain Highway positioning delivers exceptional visibility and foot traffic. Long-standing neighboring businesses indicate stable, established retail environment.PROPERTY OVERVIEW* Building Details:* Original construction: ~1980s (retail strip foundation)* Residential development: 2013 with modern finishes* Building footprint: 186 sqm* Condition: Well-maintained, ready for investmentComposition:* Ground Level: 24 sqm coin laundry (street-front) + 1-bedroom apartment + garage* Level 2: Two 2-bedroom apartments with balconies* Secure under-level carpark & storage cage* No Owners Corporation feesApartment Features:* Timber floorboards throughout* Split-system air conditioning & heating* Modern kitchens & quality bathrooms* Balconies on upper units* Excellent natural light & ventilationINCOME BREAKDOWNTenant Type Annual Income NotesBayswater Coin Laundry Retail $32,136 + GST 3% annual review Unit 1 2-Bed Apt $24,696 Water & elec included Unit 2 2-Bed Apt $24,180 Water & elec included Unit 3 1-Bed Apt $18,768 Water & elec included TOTAL Mixed-Use $99,780 PA 100% occupancyLOCATION ADVANTAGESOutstanding Transport Connectivity: Bayswater Train Station (walking distance - Belgrave Line to CBD) Frequent bus services along Mountain Highway Major arterials: Mountain Hwy, Stud Rd, Scoresby Rd, Canterbury Rd Eastlink access within minutesWorld-Class Shopping & Entertainment: Bayswater Mountain High Shopping Centre (newly refurbished) Westfield Knox & Eastland (5-10km away) Bayswater Activity Centre (cafes, restaurants, fitness)Family-Friendly Amenities: Quality schools within walking distance Parks, bike tracks & playgrounds Knox Leisure Works (swimming pool) Knox Basketball Stadium & Netball Centre Dandenong Ranges National Park access Swinburne University (Wantirna Campus) Angliss HospitalWHY INVESTORS CHOOSE THIS PROPERTY1.Diversified Income Multiple tenant base reduces risk concentration2.Immediate Cash Flow 100% occupancy from settlement3.Premium Location Established eastern suburbs with proven demand4.Low Management Risk Commercial & residential mix provides stability5.Capital Growth Potential Growth corridor with strong infrastructure6.Transport Hub Walking distance to train & major roads7.Scarcity Value Rarely available in this market8.Tax Efficiency Depreciation & expense deductions9.Stable Environment Long-standing neighboring businessesSALE TERMS: Private Sale | 10% Deposit | Balance 30/60/90 DaysZONING: Commercial 1 Zone (C1Z) - City of Knox Planning SchemeThis is a rare opportunity to acquire a fully-occupied, income-producing mixed-use property in one of Melbourne's most sought-after investment precincts.