Corner profile investment with income and upside
• Triple road frontage: Crayford Street West, Great North Road and Geddes Terrace
• Five (5) retail tenancies returning $114,730pa + GST
• Two (2) residential dwellings returning $62,400pa
• Town Centre zoning providing future development potential
• Flexible offering - buy one or secure the entire holding
Positioned within the heart of Avondale's rapidly transforming town centre, this mixed-use freehold asset offers a compelling combination of holding income and long-term upside. The property comprises a well-established retail strip with five tenancies, complemented by two standalone residential dwellings on a single title.
The diversified income stream provides immediate cash flow, while the prominent corner position and favourable zoning underpin future intensification potential. With close proximity to public transport, including Avondale train station and key arterial routes, the property is well placed to benefit from continued growth in the area.
• Five (5) retail tenancies returning $114,730pa + GST
• Two (2) residential dwellings returning $62,400pa
• Town Centre zoning providing future development potential
• Flexible offering - buy one or secure the entire holding
Positioned within the heart of Avondale's rapidly transforming town centre, this mixed-use freehold asset offers a compelling combination of holding income and long-term upside. The property comprises a well-established retail strip with five tenancies, complemented by two standalone residential dwellings on a single title.
The diversified income stream provides immediate cash flow, while the prominent corner position and favourable zoning underpin future intensification potential. With close proximity to public transport, including Avondale train station and key arterial routes, the property is well placed to benefit from continued growth in the area.
Key features
Lease
Five (5) retail tenancies returning $114,729.90pa + GST and two (2) residential dwellings returning $62,400pa including GST
Opportunity
Flexible offering – buy one or secure the entire holding
Prime frontage
Triple road frontage: Crayford Street West, Great North Road and Geddes Terrace
