190-192 Bridport Street, ALBERT PARK

Evoking the charm of Parisian courtyard shops and apartments, this is a dream opportunity to buy 3 lovely1920's style residences with huge bedrooms, a blue chip retail shop with a long standing tenant and rear converted office/stables with storage or parking and rear yard.All are on one title with front and rear street access to a large allotment of land.All retain most period features yet are liveable and let on short term tenancies returning over $131,000 pa plus part outgoings. The retail shop is in excellent condition with the lease due for renegotiation in 2013.A myriad of opportunities are presented by this once in a generation offering including: combine all the family, town residence and investments, occupy or invest, refurbish, convert to other uses, sub-divide or develop further (sta).A comprehensive Information Memorandum is available.IMPORTANT NOTE:All prices, rents and outgoings are quoted exclusive of GST. The Purchaser, Tenant or Occupant will be liable to pay the GST if applicable. An interested party is at all times responsible to ensure that the property inspected is suitable for their purposes and should note that the nominated area measurements are approximate and should not be relied upon. Area calculations may vary substantially, depending upon the basis of measurement. A Net Lettable Area is often smaller than a Title measurement. The Agent does not warrant that any area is correct and will not take any responsibility for area calculations, provided by a third party. The Agent recommends that a Purchaser, Tenant or Occupant have an area measurement certified by a surveyor if they wish to rely upon it.