288 Maroondah Highway, Healesville

$1,400,000 - $1,450,000

3 2 2 479 m2

2 LOT COMMERCIAL INVESTMENT RETURNING 6.5%

- Maroondah Highway main street location
- 2 x titles on 479 sqm with double frontage
- 2 x commercial premises let to well-established businesses
- 3 bedroom, 1 bathroom residential apartment rented until 2026
- Receiving 6.5% from 3 separate leases

Golden rule in real estate: diversify your investment. What better solution than a premises with 3 leases and a healthy mix of residential and commercial exposure?

Lot 1 (Shops 288 and 288B) AVPCC 210 (Retail Premises)

This property exploits Healesville's thriving commercial precinct, positioned adjacent to vast unmetered public parking. It yields strong returns from 2 secure commercial leases to businesses in the health and beauty industry. Both commercial outlets on Lot 1 enjoy 9.65 m of frontage to a wide footpath and busy main street. Shop 1 measures approx. 6.6 m x 13.3 m including main premises and break room. Shop 2 measures approx. 4.6 m x 13.3 m including consulting space, kitchen and break room. Both shops share toilet facilities.

Lot 2 (Apartment 288A) AVPCC 233 (Bed and Breakfast)

The penthouse apartment is a versatile short stay / holiday let / long-term rental located in the heart of Healesville's dining and entertainment hub. It is beautifully appointed and laid out into 3 large bedrooms with built-in robes, 1 bathroom, and generous airy open plan kitchen / meals / lounge floor plan with covered entertaining terrace. The apartment enjoys private secure parking with remote-controlled roller door on a no-through laneway. It is also footsteps from Healesville's bustling main street by a discreet front access. Features include double glazed aluminium windows, reverse cycle air conditioning, and 9 panel solar system.

Total rent received annually: $91,193.04

This property provides a tried-and-true recipe for success in property investing. Text 288MAROONDAH to 0448 820 022 to register your interest. Inspect by private appointment.

Features

Balcony Courtyard Outdoor entertainment area Secure Parking Solar Panels Study
3 2 2 479 m2

Details

Address 288 Maroondah Highway, Healesville
Price $1,400,000 - $1,450,000
Property Type Residential
Property ID 656
Category House
Land Area 479 m2
Floor Area 440 m2

Inspections

Saturday 2 August 11:30 AM - 12:00 PM

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