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254 & 245A Mt Alexander Road Travancore, VIC 3032

254 & 245A Mt Alexander Road,
Travancore, VIC 3032

Shops & Retail • Offices

Price information

Sale

Private Sale $1,100,000-$1,200,000

Key property information

Land area

Floor area

Car spaces

Tenure type

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A Unique Retail/Residential Asset in a Prime Position

Enjoying integrated street frontage in a prominent Travancore location, this impressive retail and residential opportunity is one with amazing amount of upside.

Back two property unit estimated market rent-$31,000 per annum.

Laundromat estimated potential gross takings range from $36,000-$50,000 per annum

Existing business and machines included.

Occupying a significant Mt Alexander Rd position, in a vibrant and connected retail/commercial strip where convenience meets accessibility, this truly is an incredible asset offering.

Beginning with a bold shopfront currently operating as a coin laundrette, the property is both beautifully presented and versatile.

Head through to conducive rear residential wing where two large bedrooms combine with a large light-filled living space with split-system heating/cooling and classy vintage style bathroom to provide conducive and comfortable accommodation.

The central kitchen has upright gas cooking, a dishwasher and adjoining meals area, while a surprisingly spacious courtyard style backyard has plenty of room to entertain and enjoy a barbecue.

On the door step of Mt Alexander Rd trams, shops, cafes, restaurants and other retail services, close to Flemington Primary School and Mt Alexander College, with great connection to Flemington Bridge Train Station, Flemington Rd, Royal Parade, Citylink and the Melbourne CBD.

Additional information

Property ID: 504479412Last Updated: 15 Apr 2024

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254 & 245A Mt Alexander Road
Travancore, VIC 3032
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