898 North Road, BENTLEIGH EAST, VIC, 3165
2 incomes Great Retail Exposure with 2 bed Residence in McKinnon School Zone
1,020,000
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898 North Road, BENTLEIGH EAST, VIC, 3165
2 incomes Great Retail Exposure with 2 bed Residence in McKinnon School Zone
1,020,000

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2 incomes Great Retail Exposure with 2 bed Residence in McKinnon School Zone

Purchasing the freehold retail shop of My Place Pizzeria, coupled with a 204 m2 land and a 2-bedroom dwelling, presents a promising investment opportunity.

The property's strategic location on North Road, boasting excellent exposure to passing traffic, adds significant value. This prime position, is nearby Glen Eira Sports and Aquatic Centre (GESAC) and especially in proximity to the upcoming East Village development spanning a vast 14 hectares, ensures a potential surge in foot traffic and customer base.

As the area undergoes urban growth and becomes a focal point for residents and visitors alike, the retail shop and dwelling present the chance for a lucrative business venture or a wise real estate investment.

The property's 204 m2 land area provides ample space for future expansions or renovations to meet the evolving needs of the business. The inclusion of a 2-bedroom dwelling adds versatility, offering options for on-site management or rental income. Additionally, having dedicated parking spaces is a considerable advantage, enhancing convenience for customers and potentially attracting more visitors. The development of East Village in the vicinity further promises an increased flow of potential customers, making this acquisition an enticing prospect for both business growth and long-term investment returns.

Here are some of the benefits of purchasing My Place Pizzeria:
Freehold retail shop in a prime location
Well-established business with a loyal customer base
Located near the new upcoming East Village, which is a major development that is a $1.5 billion project that will include over 2,200 new dwellings, retail shops, restaurants, and cafes. The development is expected to be completed within the next 5 years.
Potential for significant growth in the coming years
* Future expansions or renovations

Location

898 North Road, BENTLEIGH EAST, VIC, 3165

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