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7 Borrack Square, Altona North VIC 3025

House
11
Block size: 87 m² approx.

Rare Borrack Square Opportunity

Rare double storey building in a tightly held location. Retail shop downstairs (80m² approx.) and a separate open plan apartment upstairs (80m² approx.), with associated amenities and abundant car parking.

Located in Melbourne's surging Inner West and centrally positioned within Altona North and Borrack Square's bustling precinct servicing the emerging and growing residential catchment. Conveniently located adjacent to occupiers such as Woolworths, Commonwealth Bank, Chemist Warehouse, Australia Post and BWS.

Situated only moments away from public transport, local parks, Primary and Secondary schools, and easy access to the West Gate Freeway.

Currently leased to 2 tenants on a month-to-month basis. Ideal for the astute investor, with both tenants wishing to sign new leases. Or alternatively ideal for an owner occupier - work downstairs and live upstairs. Or why not occupy one space and continue to lease the other?

Current rental return is:
$29,736 (incl GST) per annum for the ground floor retail shop &
$18,616 (incl GST) per annum for the upstairs office space.

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Contact Shane Ah-Kan to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Property type:
House
Block Size:
87 *

Other Details

Lot:
127
Plan:
LP50196
Legal description:
127\LP50196
Sweeney Altona, Altona Meadows & Altona North

Maps and area information

Block information
Block size: 87 (approx)
Legal description: 127\LP50196
Block Map
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Nearby sales

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We found 9 houses with 1 bedrooms that just sold near 7 Borrack Square Altona North

Property history

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See Altona North's suburb profile

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.

Altona North suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
12,962
Listing ID: 182515654. This listing has been viewed 0 times. It was first displayed on 10/05/2024 and last updated on 14/05/2024.
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.