11 Commercial Street

Maidstone VIC 3012

THIS RARE AND EXCITING OPPORTUNITY TO PURCHASE THIS FANTASTIC SHOP IS FOUND NOWHERE ELSE. BOASTING A RESIDENCE WITH SEPARATE ENTRANCES, IT IS ALSO POSITIONED IN THE MUCH SOUGHT AFTER MAIDSTONE LOCATION ONLY MINUTES TO TRANSPORT, SCHOOLS, SHOPPING AMENITIES AND ONLY 8.2 KMS FROM CBD. IT IS ALSO CLOSE TO VICTORIA UNIVERSITY AND OTHER LOCAL SCHOOLS AS WELL AS BEING A WALK TO BALLARAT RD THIS HIGH YIELD RETURN PROPERTY RENTS AT $700 PER WEEK. THIS UNIQUE PROPERTY GIVES YOU MANY OPTIONS OF EITHER MIXED ZONING WITH SHOP OR OFFICE AT THE FRONT AND A 5 BEDROOMS RESIDENTIAL LIVING AT THE REAR, 2 DOUBLE BEDROOMS WITH BUILD IN ROBES, MAIN BEDROOM WITH BALCONY, COMBINING LIVING/DINING AREA AND SEPARATE KITCHEN AS WELL AS 2 BATHROOM WITH TOILETS AND LAUNDRY WITH ANOTHER TOILET. THIS PROPERTY GIVES LOTS OF OPTIONS, WITH ACCESS TO 18 PARKING SPOTS, PEDESTRIAN ACCESS BY REAR RESIDENTIAL LANEWAY GIVING TOTALLY PRIVATE ACCESS TO THE REAR HOUSE. IT CAN ALSO BE CONVERTED TO A FULLY RESIDENTIAL PROPERTY TO MAXIMISE THE RENTAL INCOME. THERE WAS RECENT ELECTRICAL WORK ON PROPERTY WITH 2 SEPARATE METRE BOXES, 3 PHASE POWER ON SITE, GAS HOT WATER SYSTEM RECENTLY UPGRADED. THIS PROPERTY CAN BE DEVELOPED FURTHER TO PROVIDE AN EXTENDED LIVING AREA STCA THIS IS A GREAT CHANCE FOR AN INVESTOR TO SECURE A DUAL INCOME PRODUCING AN IDEAL AREA FOR A BUSINESS OWNER TO LIVE AND RUN THEIR BUSINESS FROM HOME.