575 Hampton Street Hampton
For Sale

575 Hampton Street Hampton

    Land Size225m2 (approx.)

    Private Sale - $1,400,000
    Stephen Wigley

    Stephen Wigley

    Director
    Profile View Profile
    Christa Hilaris

    Christa Hilaris

    Executive Assistant
    Profile View Profile

    HAMPTON'S BEST TENANT & BIG UPSIDE

    Invest today, develop tomorrow, secure your future with Hampton St’s most solidly placed and strongly tenanted retail opportunity. Secured for the last 30 years by a rental arrangement with Australia Post, this blue-chip shopfront and residence is positioned to move into the future with assured on-going retail rental for today, scope to grow the residential rate tomorrow, and potential to capitalise further with a multi-level, multi-dwelling development in the future (Subject to Council Approval).

    Surrounded by some of Bayside’s highest value property and a high net-worth clientele on a proven beachside strip, this is as risk-free as retail investment gets …and as rewarding as residential growth can become.

  • Approx 73sqm shopfront leased for over 30 years to Australia Post
  • Commercial 1 Zoned Landholding of 227m2, Floor area 73sqm
  • Returning $20,400pa + GST + Outgoings, annual CPI increase
  • Current lease until 2023 with two further 5 year options
  • Separately leased 3 bed residence with views to the bay
  • Great potential to increase
  • Existing parking for 6 cars from rear lane
  • Approx 227sqm GRZ1 land
  • Potential for multi-level, multi-dwelling development
  • Possible for bay-views, prime residential position
  • Secure today, put your stamp on it tomorrow…this is one to write home about!

    On the radar

    Hampton - 3188

    Our exclusive suburb guides will give you an up to date look at the current property trends across Melbourne & Regional Victorian suburbs. 

    What’s my property worth?

    With Melbourne house prices on the rise, knowing the true worth of your property is valuable information. Our customised reports include sales and rental history, suburb growth, and a break down of the area’s demographics. Best of all, our property reports are free.

    Enquiry about this property