Private Sale $1,200,000
254 & 254A Mt Alexander Road, Travancore VIC 3032
House
211
Block size: 243 m² approx.
A Unique Retail/Residential Asset in a Prime Position
Enjoying integrated street frontage in a prominent Travancore location, this impressive retail and residential opportunity is one with amazing amount of upside.
Back two property unit estimated market rent-$31,000 per annum.
Laundromat estimated potential gross takings range from $36,000-$50,000 per annum (weather dependant).
Existing business and machines included.
Occupying a significant Mt Alexander Rd position, in a vibrant and connected retail/commercial strip where convenience meets accessibility, this truly is an incredible asset offering.
Beginning with a bold shopfront currently operating as a coin laundrette, the property is both beautifully presented and versatile.
Head through to conducive rear residential wing where two large bedrooms combine with a large light-filled living space with split-system heating/cooling and classy vintage style bathroom to provide conducive and comfortable accommodation.
The central kitchen has upright gas cooking, a dishwasher and adjoining meals area, while a surprisingly spacious courtyard style backyard has plenty of room to entertain and enjoy a barbecue.
The property may also offer development potential with a 12m building height allowance.
On the door step of Mt Alexander Rd trams, shops, cafes, restaurants and other retail services, close to Flemington Primary School and Mt Alexander College, with great connection to Flemington Bridge Train Station, Flemington Rd, Royal Parade, Citylink and the Melbourne CBD.
Back two property unit estimated market rent-$31,000 per annum.
Laundromat estimated potential gross takings range from $36,000-$50,000 per annum (weather dependant).
Existing business and machines included.
Occupying a significant Mt Alexander Rd position, in a vibrant and connected retail/commercial strip where convenience meets accessibility, this truly is an incredible asset offering.
Beginning with a bold shopfront currently operating as a coin laundrette, the property is both beautifully presented and versatile.
Head through to conducive rear residential wing where two large bedrooms combine with a large light-filled living space with split-system heating/cooling and classy vintage style bathroom to provide conducive and comfortable accommodation.
The central kitchen has upright gas cooking, a dishwasher and adjoining meals area, while a surprisingly spacious courtyard style backyard has plenty of room to entertain and enjoy a barbecue.
The property may also offer development potential with a 12m building height allowance.
On the door step of Mt Alexander Rd trams, shops, cafes, restaurants and other retail services, close to Flemington Primary School and Mt Alexander College, with great connection to Flemington Bridge Train Station, Flemington Rd, Royal Parade, Citylink and the Melbourne CBD.
Inspections
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Key details
Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
House
Block Size:
243 m²*
Other Details
Next Inspection:
Maps and area information
Block information
Block size: 243m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
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Nearby sales
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We found 50 houses with 2 bedrooms that just sold near 254 & 254A Mt Alexander Road Travancore
Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Travancore suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
2,116
Listing ID: 182159579. This listing has been viewed 6 times. It was first displayed on 11/12/2023 and last updated on 24/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.