256 Mt Alexander Road,
Travancore, VIC 3032

Offices

Detailed listing

Key property information

Floor area

Car spaces

Sold on

Map of 256 Mt Alexander Road

Directions

Unique commercial shopfront in high traffic locale

Presenting a unique proposition in a high-visibility Travancore location, this versatile property offers a unique opportunity. Situated in a high-traffic area with excellent visibility, the property features a spacious shop front, ideal for a variety of business ventures. Featuring strong street frontage and large windows, the shopfront/reception leads through to an office, meeting room and kitchenette and 2 further rooms that can be used as meeting rooms or private office space. And full kitchen at the rear.

The expansive rear courtyard space showcases plentiful potential, and finds laundry, shed, and two car spaces with ROW access. This layout provides the perfect blend of work and living space, making it an ideal choice for entrepreneurs looking to live and work in the same location or to rent out separately as commercial and residential. Currently leased at $60,000 p.a.

Set on 270sqm(approx.) the property may also offer development potential with a 12m building height allowance. Surrounded by trams, schools, cafés and retail, the vibrant position guarantees a strong profile for the property.

Travancore, 3032 demographic data

The median household income for Travancore is $1,692, 11% lower than Greater Melbourne's household income of $1,901. Travancore has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 58% of property owners in Travancore have a mortgage.

2,116

Population

$1,692 per week

Median household income

33 years

Median age

Renters

Most residents

Families

Most households