Discover the perfect blend of convenience and potential at 218b Main Road East, St. Albans, Victoria. This premier commercial premise, making its debut on the market, offers an exceptional investment opportunity.
Situated on a bustling corner block, this property boasts not one, but two thriving shops. The ground level is currently home to a reputable tenant specializing in tobacco sales, ensuring a steady stream of foot traffic and income. Upstairs, a dynamic travel agency captures the attention of passersby, offering a diverse array of services.
What sets this property apart is its rarity: included are 10 convenient car parking spaces, a luxury seldom found in commercial premises.
Whether you're an astute investor seeking a promising addition to your portfolio or an entrepreneur envisioning a new venture by transforming this site into multi-level apartments (STCA), 218b Main Road East presents an unmissable opportunity.
Don't delay - seize this chance to secure your foothold in one of St. Albans' most coveted commercial hubs. Enquire today to unlock the potential of this exceptional property.
To arrange a private inspection, please contact Mitch Hung Nguyen on 0478 77 6666 or Trin Le 0431 767 888 at Professionals St. Albans.
Condition of Entry: Please note that a Photo ID is required at all Inspections for any visitors entering the premises.
Disclaimer: All information, including illustrations, is provided in good faith and is believed to be accurate at the time of publication. However, neither the vendor nor the agent guarantees its accuracy or completeness. Interested parties should rely on their own enquiries, investigations and due diligence, including obtaining independent professional advice where appropriate. Rental income figures, future development potential and any approvals referred to are indicative only and subject to purchaser verification and all relevant statutory approvals.
The size of St Albans is approximately 13.0 square kilometres. There are 36 parks, covering nearly 8.4% of the 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 17,288 properties. Over the last 5 years, Houses in St Albans have seen a 8.67% increase in median value, while Units have seen a 17.71% increase. As at 30 June 2026:
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