12 Vicki Street Blackburn South - Heavyside Real Estate

Commercial investment opportunity close to it all

$500,000 - $550,000

Watch the auction live here: https://heavyside.co/live-auction

THE PROPERTY

Ideally positioned in a vibrant shopping strip just off Blackburn Road, this compact retail premises presents a wonderful opportunity for owner occupiers and investors alike.

Current rental income: $2,866.53 incl GST per month + outgoings (Tenant pays land tax, rates and utilities).

From 1 July 2025 to 30 June 2026, the immediately preceding lease year's rent will be increased by 2.5%.

From 1 July 2026 to 30 June 2027, the immediately preceding lease year's rent will be increased by 2.5%.

Comprising a welcoming brick façade with double doors, and large north-facing windows, the space offers immense potential. Currently being used for storage, the interior features high ceilings and no internal walls, with split system heating and cooling for comfort throughout the seasons. A roller door at the back opens to a spacious rear area with laneway access and a toilet, allowing for stress-free access and deliveries. Located in a sought-after neighbourhood, with ample street parking out the front, and buses, trains and the Eastern Freeway nearby, the possibilities are endless.

THE FEATURES 

Current rental income: $2,866.53 per calendar month

Retail premises located in sidewalk shopping strip

Wonderful location just off Blackburn Road

Large north-facing windows for abundant natural light

High ceilings & flexible floorplan with no internal walls

Split system heating & cooling for year-round comfort

Roller door to rear with laneway access & toilet

Plenty of parking space available out the front

Close to buses, trains & the Eastern Freeway

THE LOCATION

Enjoying an idyllic location in a residential street off Blackburn Road, with buses mere steps away, trains nearby and the Eastern Freeway within easy reach.

THE TERMS: 30|45|60