A fantastic opportunity to purchase a retail/residential building for a future owner occupier or current investor being leased to two individual tenants with ample street parking and rear lane access.
This building occupies approximately 182sqm incorporating a self contained retail shop fronting Chatsworth Quadrant and a rear ground/first floor residence separately accessible.
Features include:
Securely Leased to 2 Tenants
Brand New 2 + 2 Commercial Lease
Current Rental: $33,000 per annum + GST + Outgoings
Area 182 sqm approximately
6.30m Frontage
Potential for Future Capital Improvement
Rear Access / Courtyard
On-Site Car Parking
Established Residential Locality
For further information please contact the Hudson Bond Commercial Team on 9840 7700.
The size of Templestowe Lower is approximately 5.9 square kilometres. There are 20 parks, covering nearly 11.5% of the total area. The population of Templestowe Lower in 2016 was 13429 people. By 2021 the population was 14098 showing a population growth of 5.0% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation.In 2021, 80.00% of the homes in Templestowe Lower were owner-occupied compared with 80.00% in 2016.
Templestowe Lower has 6,559 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 2.03% increase in median value, while Units have seen a 15.13% increase. As at 30 April 2026:
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