10 Reserve Street,
Yallourn North, VIC 3825
Key property information
Map of 10 Reserve Street
Vacant Shop and Residence: Gippsland Hills
Our town has no hairdresser, nowhere to have a good coffee etc and local demand for these more upmarket services is rapidly growing.
This large shop currently offers 65 sqm of retail that is fully equipped as a hair salon, together with 45 sqm of registered dwelling, with private rear courtyard.
The shop is available for sole lease OR sale at $115,000 OR for individual lease of 'half a shop', with good benefits and low overheads.
The 65 sqm retail area is to be divided [see floor plan] to provide a separate 2-3 bay hair salon [already equipped ready to operate].
A second retail display area will also offered, that could lend itself to gifts, decor home wares OR a small coffee / cakes / sandwiches shop with some relatively easy changes.
** We need a good hairdresser [or 2 operators sharing eg part time?] who would enjoy cutting [including men and children] and coloring, perming etc.
There can be additional space available for 'beauty' if required, by altering space usage either now or later...It is all possible to work out to meet your needs.
The pics give an idea of the style and existing space usage, but the petition walls to divide the shop spaces have not yet been built.
Sole use of the residence by one tenant is optional. ie First in Best Dressed!
It may also be shared for extra staff amenities / storage/ prep. etc if tenants prefer to do that.
RENTAL RATES: [refer floor plan sketch]
A 4.5kw solar system will be installed to cater for needs of all tenants.
Outgoings AND electricity costs are ALL included in the quoted rentals for Spaces A + B + C.
Outgoings are included for a Sole Tenant who leases the whole building. The sole tenant would manage his own power and would benefit from solar rebates.
Space A: Hairdressing Salon @ 85 per week [$369 pcm]
Space B: Retail display / office space @ $75 per week [$326 pcm]
Space C: Residence - rent negotiable for the exclusive use of either tenant, or shared.
** OR Full premises ie shop = residence @ $200 per week [$956 pcm] includes rates, outgoings but tenant would be responsible for any power cost above his solar rebates.
Choose either: a] Longer term lease at 2014 rental price for 2 years or longer OR b] 'Starter lease' at 2014 rental for 1 year only, rising to $100 per week [Space A] or $85 per week [Space B] in 2nd year.
- Bond is 2 months rental. All rental payments in advance.
- All tenants would be responsible for their own insurances, permits and other business costs.
- The landlord will pay outgoings and power [see notes].
This shop has VERY high visibility and sits in the town hub at the entrance to Yallourn North on the main entry from Moe.
Our excellent playgroup, kinder and primary schools are all just paces away. Town bus stop and great parking are right at the shop door. Hall, Bowling and Senior Citizens' clubs are all next door, across from new BBQ/Playground area, parks and gardens, oval, public loos and swimming pool.
Small, profitable businesses with small overheads would work well here.
As a new lifestyle balance AND business earner it is an excellent opportunity for you to profit and to develop your own small business. The risk really could barely be lower!
Why work elsewhere and make money for somebody else, if it prevents you from profiting from a low-risk business ownership?
** It is silly that our locals must drive to Moe for a decent coffee, a haircut, a small gift / something for your home decor etc... or a freshly made sandwich?
** We need YOU to bring your excellent, varied skills and business savvy, to help us to make this all happen!
It could be a win/win all around, with very low risk and a lot to gain!
Property ID: 500979159Last Updated: 18 Oct 2021