44-46 Thompson Street, Williamstown, VIC 3016

Retail | Offices | Other

For Sale Auction

  • Property ID: 450309
  • Floor Area: 250m²
  • Land Area: 275m²
  • Occupancy: Vacant
Prime Commercial Investment or Residential Redevelopment Opportunity in Williamstown

Rare opportunity to purchase a residentially zoned investment with the benefits & savings provided by established commercial tenants. 2 flexible and adaptable tenancies combined on one title currently returning net annual income of $50,000 per annum + GST + outgoings.

This well known neighborhood retail bottle shop outlet features generous display space, a central cool room and ample storage while the adjoining tenancy is configured as an office / studio & leased to a local event management business.

The ability to fulfil a future residential role if so desired complements the office/studio, where up to three bedrooms/consulting rooms are complemented by a dedicated living/dining and kitchen zone and modern bathroom at the rear.

An investment with a track record of reliable returns in a location that provides desirable proximity to Nelson Place, Williamstown station and the water, this is a property of exceptional appeal and promise equally successful from a range of perspectives!

Or future residential redevelopment opportunity.

2 versatile single-level commercial/retail tenancies on one title
Net rental return of $50,000 + GST + outgoings pa
Well known commercial bottle shop premises tenancy
Office / Studio leased to events business
Frontage of 9.8m
Tenants pay majority of outgoings subject to the Retail Leases Act

Contact agents for sale documents and inspection times

Williamstown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3906 $368 9.43%
Offices $4800 --- ---
Industrial $3433 $209 6.07%
This is the average advertised price, rent and yield for Williamstown, VIC 3016*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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