32 & 34 & 34A Como Parade
Mentone VIC 3194

Keep and enjoy a wise investment or develop and set up for a prosperous future what an amazing chance to reap the rewards with such a unique project. A versatile opportunity to buy this commercial / potential residential site and have the flexibility to lease them out and earn a solid income or turn them into apartments with shops on the ground floor (STCA).

The choice is yours when it comes to this magnificent site. There are currently concept design drawings to turn this site into an dazzling complex with 2 shops & 13 stunning apartments. Alternatively you also have the option to leave it as they stand. There are three shops in a row, two are currently let, with a 3rd close to being let, so you can watch the rent money come in with a rental return of approximately $95,000 per year.

When buying real estate, it's all about the location and this is such a treat. The future works of Como Parade make this a thriving hub that will continue to grow over the next 10 years. The station is due to go underground meaning more business and foot traffic through the area, in addition to being a safer position for kids, families and occupiers of the apartments. Add in plenty of cafes, shops and restaurants nearby to make this a dream start for first home owners and investors.While as a commercial site, this has the premium location you'll want and need to run a successful business.

This is a once in a lifetime opportunity to invest for a solid income or potentially develop to add to this thriving suburb. If you want to shape the way Mentone looks for the future, call us today!

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