136 - 138 Mills Street, Albert Park.
Prime Albert Park Investment or Residential Development (STCA)
2 securely let shops in the heart of Albert Park within a residential zoning. Set on combined land of 300sqm approx. with off-street parking and ROW at the rear, this unique offering presents an outstanding opportunity for a future residential development (STCA) or a longer term investment. Note: 2 separate titles Zoning: Neighbourhood Residential - Schedule 1 136 Mills Street, Albert Park: currently returning $30,000 pa plus outgoings. 138 Mills Street, Albert Park: currently returning $27,550 pa plus outgoings. This brilliant location has ideal Northern exposure at the rear and is a prime beach-side position. The eclectic best of Albert Park is within easy walking distance including the Beach, cafes and restaurants, Middle Park Primary School, trams and the light rail. Inspect as advertised or by appointment.
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Get to know the area.
Beautiful parks, leafy gardens and easy beachside living - you'd never guess that Albert Park is so close to the city and is one of Melbourne's most desirable postcodes. Still, despite its soaring popularity, this charming neighbourhood has held on to its village-like feel.
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