258 Lower Plenty Road

Rosanna VIC 3084

A unique investment opportunity with promise for dual income streams, this mixed-use property contains a high exposure ground floor shop and an impressive 2-bedroom upstairs apartment on 157 sqm approx. of land.

Currently leased until May 2028 on a 3 x 3 lease for $31,740 + GST per annum, the street front premises is a substantial space of 138sqm approx. of floor space with dual access points and flexibility as a retail, office, medical, allied health or consulting space. The open plan space is currently divided using fixtures owned by the tenant, to offer a reception foyer, 3 consulting rooms, a lounge area and toilet facilities with a lower-level staff room with kitchenette and laundry facilities.

Enjoying a private rear entrance via a laneway via Rosanna Road, the upstairs apartment is leased for $1934 a month until May 2026, featuring a superb open plan living and dining area with a modern classic kitchen and balcony terrace capturing distant views to mountain ranges; 2 light filled bedrooms (walk in robe/built in robes) opening onto a secondary balcony, a tidy bathroom, powder room and a European laundry.

In Commercial Zone 1, this versatile property provides split system air conditioning to both sectors and parking for 2 at the rear (currently allocated to the apartment).

A serviceable position only meters from the 513-bus stop, less than a kilometer to Rosanna Village and Rosanna train station, Rosanna Golf Links Primary School and Rosanna Parklands, minutes to Viewbank College (zone) and La Trobe University making the apartment appealing to students.