GormanKelly is pleased to offer 159 Parker Street, Templestowe for sale by auction, scheduled for Wednesday 7th August, 2013 at 12.00 noon.

This is a first time offering for sale since its construction in 1985.

In summary this property offers:

- Single storey retail shop with great exposure
- Building area 70m² approx
- Current tenant T/as ‘Templestowe Beauty Retreat’
- 3 year lease PLUS options
- Currently returning $20,235 net p.a. plus outgoings & GST
- Potential upside - Build an extra level (STCA)
- Land area 82m² / Zoned Business 1
- Great location within Templestowe Village; a thriving and award winning local retail hub.

The premises is set-up as a beauty salon and is immaculate inside with polished concrete/tiles and exquisite wallpaper that creates a vibrant feel throughout.

Every inch of the floor plate has been strategically utilised with the front retail room having many uses such as a waiting room, nail therapy table and also leads to the first therapy room.

A quick walk down the hall way leads to another 3 therapy rooms, a tanning booth and staff amenities at the rear which include kitchenette and toilet.

The entire shop has 3 split system heating/cooling units and each therapy room has sink facilities. The large display window allows natural light to filter through.

There is abundant customer/public car parking available directly to the front and rear of the premises.

Located within Templestowe Village Shopping Centre, metres from the corner of Anderson Street.

Cosmopolitan and sophisticated, Templestowe Village is an active centre that caters to the needs of the local community and has developed into a must see destination for visitors along the Main Yarra Trail. A relatively large centre, Templestowe Village is well serviced by a variety of retail amenities including the adjacent Templestowe Leisure and Community Centres, the Mechanics and Memorial Halls, gymnasium, fashion retailing and gift stores as well as a wide array of cafes, restaurants and coffee shops.