An outstanding opportunity to secure a substantial Main Street commercial holding in the heart of Yarra Glen, offering immediate income, multiple tenancies and exciting long-term development potential.

Set on approximately 962sqm of land, the property comprises four separate retail/office holdings, creating a diversified investment with the security of multiple income streams rather than reliance on a single tenant.

Currently, three of the four premises are leased, with all existing tenants holding lease options. The fourth shop is vacant and ready to lease, providing immediate upside for the incoming purchaser.

The property is currently returning approximately $45,000 per annum including GST, plus outgoings, with the potential to generate approximately $60,000 per annum plus outgoings once the vacant tenancy is secured.

Adding further appeal is the generous landholding, together with on-site car parking and side lane access, providing flexibility for the existing tenancies and potential future redevelopment, subject to council approval.

Property Highlights
- Prime Yarra Glen Main Street position
- Approximately 962sqm title
- Four separate retail/office commercial holdings
- Three existing tenants, all with lease options
- One vacant shop ready for immediate leasing
- Current income approximately $45,000 p.a. including GST + outgoings
- Potential income approximately $60,000 p.a. + outgoings once fully leased
- On-site car parking
- Valuable side lane access
- Diversified income across multiple tenancies
- Future development potential STCA
- Strong long-term investment fundamentals in a tightly held township location

A genuine blue-chip Yarra Glen investment, combining established income, leasing upside and the future potential of a substantial Main Street landholding.