2/67 Beard Street,
Eltham, VIC 3095

Shops & Retail

Key property information

Floor area

Parking info

Zoning

Tenure type

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Map of 2/67 Beard Street

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A Great Space in a Great Location

Asking $420,000 - $450,000 (No GST)

This remarkably versatile retail space presents an exceptional opportunity for astute purchasers seeking to add substantial value in their investment portfolio, an incredibly affordable price point. Tucked away in the vibrant core of Eltham, adjacent to Main Road and mere moments from the thriving Eltham Shopping Centre. This remarkable property unveils a world of unrivaled exposure and convenience.

The property has the following investment highlights:

• Three (3) year lease to 2026 plus one (1) further three (3) year option to 2029.

• Favorable annual Fixed 5% rent reviews.

• Landlord-favorable, net lease terms with tenant responsible for all usual outgoings (excluding
Land Tax and body corporate).

• Exposure to Main Road, Eltham.

• Immaculate 73 sqm approx. retail area.

• Net Income: $25,089.60 + Outgoings(excluding body corp. fee)

In conclusion, this versatile retail space stands as a beacon of opportunity. With its unrivaled location, proximity to premier shopping destinations, and seamless transportation access, this property epitomizes the epitome of investment potential and promises a future teeming with success.

Additional information

External websites

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Eltham, 3095 demographic data

The median household income for Eltham is $2,391, 26% higher than Greater Melbourne's household income of $1,901. Eltham has an older age profile compared to the rest of Greater Melbourne (median age 43 vs 37). Property ownership data shows 50% of property owners in Eltham have a mortgage.

18,847

Population

$2,391 per week

Median household income

43 years

Median age

Owners

Most residents

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Most households

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