An exceptional chance to acquire a two-story retail shop with a 3-bedroom apartment on the first floor, located in the bustling area of St Albans. Perfectly suited for first-time investors, superfund portfolios, or owner-occupiers looking to live and work in one space, this property offers great value.
This prime property offers a business occupancy with excellent street frontage and is currently occupied as a restaurant. Situated in a highly convenient St Albans location, it provides easy access to major amenities and transportation hubs.
Key features include:
Occupied as a restaurant
Commercial Zone 1
Street frontage
Lease in place (contact for further details)
Additional details:
Land size: 179m
Retail space: approximately 120m
Self-contained apartment with separate entrance, offering dual income potential
Conveniently located just a short drive from St Albans Station, Alfrieda Street Shopping, Brimbank Shopping Centre, Cairnlea Park Reserve, local schools, and public transport. Plus, it's only 18km from Melbourne CBD!
Whats your next move?
Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.
St Albans has 17,236 properties. Over the last 5 years, Houses in St Albans have seen a 17.26% increase in median value, while Units have seen a 18.60% increase. As at 28 February 2026:
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