301, 301a Napier Street, Strathmore
Retail
Triple Investment Opportunity in the Heart of Strathmore
In exceptional opportunity to secure three adjoining commercial properties at 301, 301A and 303 Napier Street, Strathmore-offered as one parcel, delivering strong rental returns and long-term investment security in a tightly held retail strip.
Together, the properties generate a strong combined income of $117,277.80 NET per annum, offering investors secure returns with excellent long-term growth potential.
Key Features:
- Three fully leased retail shops on one title returning $117,277.80 NET per annum
- Substantial landholding of approximately 683sqm with Commercial 1 Zoning (C1Z)
- Prominent Napier Street frontage of nearly 18 metres with rear ROW access
- Building area: approximately 324sqm*
- Future potential for subdivision or redevelopment (STCA)
- Ample customer parking with on-street spaces and rear access
- Situated among established local businesses in a thriving neighbourhood hub
Conveniently located close to major arterials including the Calder Freeway, Tullamarine Freeway, and Western Ring Road, with public transport options nearby such as Strathmore Train Station, bus route 469, and the 59 tram along Mt Alexander Road.
A rare and secure blue-chip retail investment with future development upside in one of Strathmore's most desirable locations.
Together, the properties generate a strong combined income of $117,277.80 NET per annum, offering investors secure returns with excellent long-term growth potential.
Key Features:
- Three fully leased retail shops on one title returning $117,277.80 NET per annum
- Substantial landholding of approximately 683sqm with Commercial 1 Zoning (C1Z)
- Prominent Napier Street frontage of nearly 18 metres with rear ROW access
- Building area: approximately 324sqm*
- Future potential for subdivision or redevelopment (STCA)
- Ample customer parking with on-street spaces and rear access
- Situated among established local businesses in a thriving neighbourhood hub
Conveniently located close to major arterials including the Calder Freeway, Tullamarine Freeway, and Western Ring Road, with public transport options nearby such as Strathmore Train Station, bus route 469, and the 59 tram along Mt Alexander Road.
A rare and secure blue-chip retail investment with future development upside in one of Strathmore's most desirable locations.
