AUCTION THURSDAY 21 AUGUST @ 12 NOON
18-20 Hamilton Street, Mont Albert
Ground floor retail plus two 1st floor offices
At GrayJohnson we have recently seen growing interest from investors in quality property within local shopping precincts. This prestige property in bustling Mont Albert Village sits at the heart of one of Melbourne’s most desirable eastern suburbs, boasting tree-lined streets, charming period homes and a mix of modern townhouses. The area has wide appeal to families and professionals, owing to its high degree of amenity and proximity to shops, cafés and reputable schools.
Currently partially tenanted, this impressive building comprises a ground floor retail shop being offered vacant possession and two upstairs office suites. The larger front office suite is also offered vacant possession while the rear office suite, returning $20,000 pa net plus GST, is leased until July 2027.
Key features:
• Suit owner occupier/investor
• Total land area 251 sqm*
• Ground floor retail space 120 sqm* – vacant
• First floor office suite 120 sqm* – vacant
• First floor office suite 58 sqm* – tenanted
• Lease to 4 July 2027 returning $20,000 pa net plus GST
• Impressive 7 m* frontage
• Six off-street car spaces (5 under cover)
• 5-minute walk to Union railway station
• Vibrant village location
This configuration offers multiple options to the purchaser. There is the option to occupy either or both of the vacant spaces while enjoying an income stream from the remainder of the building. Alternatively, all three spaces can be leased, with the quality of the building and village location a drawcard for prospective tenants.
For more details about this property, contact Brett Simpson on 0402 427 392
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