Create VIC Real Estate

158-160 Churchill Avenue, Braybrook VIC

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$1,250,000 - $1,350,000
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Located in the bustling Braybrook Shopping Centre on Churchill Avenue, this is a fantastic opportunity to secure a property with the scope to develop (STCA) one or two apartment style residences behind the current retail building with access from the rear lane/street. Positioned on a busy street in a high-density residential area, this property enjoys significant foot and traffic exposure and has a quality, long-term tenant in place for the current building.

The current building, comprising approximately 265m², sits on a generous land allotment of approximately 372m². The premises are currently leased for $4,799.37 per month (inclusive of GST), with the tenant responsible for outgoings. The current lease term runs until March 2026, with options for two additional 5-year terms.

Key Features:

• Commercial 1 Zone (C1Z)
• Current Building Area: 265m² (approx.)
• Land Area: 372m² (approx.)
• Quality long-term tenant in place
• Current Lease Expiry: March 2026 with options for two 5-year terms
• Opportunity to build one or two apartment style residences at the rear (subject to council approval). Note, there is no residence at the moment.

This property is highly recommended for investors seeking a stable income stream and capital growth in a prime location.

For more details or to arrange an inspection, please contact Brenda Ngan on 0435 152 545 or Howard Feilding on 0449 654 958.

Property Features

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Email enquiry to Create Real Estate - Sunshine

Howard Feilding

Howard Feilding

0449 654 958

262 Hampshire Road, SUNSHINE, VIC 3020


Howard Feilding

Howard Feilding

Create Real Estate - Sunshine

262 Hampshire Road, SUNSHINE, VIC 3020

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