$450,000

A lucrative investment into one of Victoria’s favourite seaside townships, this commercial opportunity presents as an affordable alternative to larger spaces along the thriving main street.

Key investment features include:
-Tenanted on 2 year lease with options
-Returning $20,000 per annum plus GST
-Recently undertaken refurbishment including kitchenette and WC
-Fixed annual income growth of 3%
-Versatile 34m2 space with 1 rear car park

Location:
With an expanding population of around 3,000 which swells considerably over the summer months, Point Lonsdale has long been a preferred coastal destination for many Victorians. With reasonable proximity to both Geelong and Melbourne and a ferry service placing the Mornington Peninsula within close reach, Point Lonsdale has transformed from a quiet coastal village to a liveable family hub. 1/57 Point Lonsdale Road enjoys heavy foot traffic due to its beachside locale and central position.