46 Derby Street, Pascoe Vale VIC 3044

  • 2
  • 276 sqm / approx

Invest, Occupy or Further Develop!

Nelson Alexander Commercial are delighted to offer For Private Sale this fantastic mixed income opportunity in this prime Pascoe Vale location. The property is unique in that it consists of a ground floor restaurant/café plus an upstairs beautifully appointed two bedroom residence with a double garage at the rear. The options with this property are plenty. You could occupy the entire property, you could occupy downstairs and rent out upstairs or you could occupy upstairs and rent out downstairs. The residence is perfectly appointed with two bedrooms, open plan kitchen and living area, quaint balcony at the front and a double garage at the rear. The ground floor restaurant/café is beautifully fitted with a large open plan dining area at the front with bar and serving counter plus a perfectly appointed commercial kitchen at the back. Whether you want to invest, occupy or further develop this is a fantastic mixed income opportunity that we highly recommend.

Property Features:

• Thriving Pascoe Vale Location
• Suit Owner Occupiers and Investors
• Fantastic Mixed Income Opportunity
• Ground Floor Restaurant plus Upstairs 2 Bedroom Residence
• Zoned Commercial 1 (C1)
• Land Area 206m2*
• Building Area 276m2*
• Being Offered with Vacant Possession
• Market Rent $61,000pa
• Located in the extremely popular suburb of Pascoe Vale with a strong median house price of $1,132,500^
• Prime Ground Floor Hospitality Opportunity plus Separate Stunning 2 Bedroom Residence
• Comes with liquor licence already in place#
• Includes double garage at the rear via ROW
• This is a fantastic freehold opportunity with plenty of upside that we highly recommend

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

^source: REIV
#please review as to suitability

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  • 2
  • Floor Area

  • 276 sqm / approx

Pascoe Vale

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