Glen Iris 1616 High Street

Boasting a high-profile position with plenty of passing traffic to attract customers, this is a fantastic opportunity to own a commercial property and a separate residence to maximise your returns or grow your portfolio.

Just metres from the tram, train and Monash Freeway with plenty of car parking at the rear, the ground floor shop front is approximately 38 sq m with a bathroom; ideal as an office or boutique retail outlet.

Upstairs, the original period-style 3 bedroom apartment is neatly comfortable, yet ripe for renovation.

Set on 210 sq m approx. and sharing one title, invest for the opportunity to secure two rental income streams or choose to establish your business while enjoying cashflow from upstairs. Alternatively, start from scratch and redevelop into a new commercial and residential building (STCA).

A shop front and upstairs apartment all on the one title A high-profile position, metres to the tram, train & freeway Plenty of car parking behind Retail/office space is 38 sq m approx. with a bathroom Currently leased for the next 12 months Original 3 bedroom apartment upstairs with potential to update On 210 sq m approx. Secure two rental income streams Establish your business and rent upstairs out Redevelop into a commercial/residential building (STCA)

Terms: 10% deposit, balance 60/90 days

*Fletchers Coronavirus Update*

In light of recent events, Fletchers have taken the appropriate measures to minimise the risk of the coronavirus (COVID-19) outbreak to our staff, clients and customers. As news concerning the spread of coronavirus continues to unfold, we kindly ask that you DO NOT attend a private appointment, if:

You are feeling unwell Have been in contact with someone diagnosed with coronavirus Have been in contact with someone who has recently been overseas You are under strict self-isolation instructions You have tested positive to coronavirus yourself

If attending a private appointment, please ensure you practice Social Distancing (minimum 1.5 metres) at all times, keeping in mind:

You refrain from touching surfaces, door handles, cupboards, drawers, walls, etc. when inspecting the property.

We appreciate your co-operation and ask that you please respect the advice and recommendations of the agent when inspecting the property.

Land: 210 sq m approx.