One Small Step, One Giant Possession
Probably this is one of the neatest milk bar properties in the Knox! Set on the corner block of land approx 675sqm with its two street frontages, this brick veneer property is a sensational opportunity for the investors. currently returning $25,000 pa plus GST outgoings,4% rent increase annually.
The business premises is located across the road from Regency Park Primary School, St Lukes Primary School and Wantirna Secondary College, both these schools are expanding and as a result of the schools growth the mixed business is enjoying a strong increase in the shop turnover.
The spacious store areas are filled with natural light while the cozy office room is adjacent to a storage, cool room and sales counter area with plenty of parking spaces at the door.
There is a long lease available both on the shop and a very spacious double story home attached to the store. Same owner for more than 10 years, stable trade in the long-run, currently returning $25,000 pa plus GST outgoings, the residence also features 3 robed bedrooms, 2 bathrooms and 3 toilets, spacious lounge and dining area, good sized laundry, separate kitchen and upstairs sitting area or study nook perfect for teenagers retreat. Extras include polished floor boards throughout, split air conditioners, double lock up garage with internal access and much more.
Ideally located in the ever popular Regency Park Estate just a few turns from most services, with walking distance to Templeton/Regency Park Primary school, Wantirna College, parks and public transport, this is a fantastic investment opportunity with great business and subdivision potential(STCA) - Don't miss out!