Shop 1-2/660 Blackburn Road,
Notting Hill, VIC 3168

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Map of Shop 1-2/660 Blackburn Road

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SOLD BY JAMES TAN 0450-351-706 Century 21

SOLD BY JAMES TAN 0450-351-7... Century 21 Property Group
* Busy Blackburn Road location, opposite Monash University Clayton
* The only commercial operation (grocery store and coffee shop) in a high density students and business professionals housing area
* Newly leased with 5 + 5 year term to a going concern, GST free
* Returning $60,000.00 per year (up to 6.0% R.O.I) with 3% increase every year
* Outgoings: All rates, except land tax, 100% payable by tenant.
* Premises approx. 236m2 open retail floor with 2 toilets, bin storage and exclusive licences to approx.145m2 outdoor seating and visitor parking area and 2 basement security parking spaces
INSPECTION BY APPOINTMENT ONLY
Contact James Tan 0450 351 7... jamestan@melbourneC21.com.au

Notting Hill, 3168 demographic data

The median household income for Notting Hill is $1,574, 17% lower than Greater Melbourne's household income of $1,901. Notting Hill has a younger age profile compared to the rest of Greater Melbourne (median age 30 vs 37). Property ownership data shows 55% of property owners in Notting Hill have a mortgage.

2,895

Population

$1,574 per week

Median household income

30 years

Median age

Renters

Most residents

Families

Most households

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