146 Melville Road, Pascoe Vale South VIC 3044
230 sqm / approx
Good Times Ahead for Astute Investors
Prominently positioned with the area’s key amenities all close by, this unique property delivers a compelling investment proposition with its immediate functionality, dual tenancies in place and range of long-term repurposing potential ahead. Occupied by one of the area’s most popular cafes, the downstairs area comprises a kitchen/servery area and adjoining dining space, plus two large private rooms to the rear. Surprisingly spacious, the two-level home includes three large upstairs bedrooms (extra-large master with BIR), central lounge (or 4BR) and neat bathroom, as well as a downstairs lounge and updated kitchen/meals area with dishwasher and ample cupboard space. Completing the picture is a sizeable rear yard with external laundry, additional powder room, large undercover area and high fences for exceptional privacy, plus two-car off-street parking via remote-control rollerdoor to side ROW. Tram stop out front and moments from the open spaces of Shore Reserve, it’s also close to local shops, schools (Strathmore SC zone) and Coburg’s renowned retail precinct, as well as easy access to both Coburg and Strathmore train stations and Citylink. Note: combined gross rent approx $42,300 per annum.