159 Eley Road,
Blackburn South, VIC 3130

Boasting two secure income streams from two separate tenants, this commercial property is a dream investment and an absolute rarity in a tightly held precinct. A high-profile position with plenty of passing traffic, it's an easy walk to the Burwood Highway tram and Burwood One Shopping Centre. The very convenient location with plenty of street parking makes the property ideal for a wide range of business uses. The ground floor shop comes with three large rooms, a kitchenette and powder room.

Currently ground floor is leased for two years with an annual income of $23,600 (not collecting GST) with a 3% increase each year, there is an option for a further three-year term. Upstairs offers five rooms with a bathroom, kitchen and patio. The three-year lease of $27,000 (not collecting GST) comes with rent increase of $1,660.80 in 2023 and further market review in 2024 and an option for a further three-year term.

- A rare dual-income commercial property
- Two separate tenancies currently in place
- Ideal for a wide range of uses
- An exciting investment opportunity in a tightly held precinct
- Metres from the tram and Burwood One Shopping Centre
- Great visibility and easy street parking
- Ground floor features three large rooms, a kitchenette and powder room
- Upstairs features five rooms with a bathroom, kitchen and patio