Floor plan
Kitchen
Beds
Located in a prime residential area opposite Tottenham train station, this fabulous investment opportunity presents a freehold property on a 229m2 (approximate) allotment with a retail shop front currently with a well-established coin laundry operated by the property owners, and a 2 bedroom residence providing a double income stream.
The well maintained residence comprises 2 well-appointed bedrooms with decorative ceilings, a central spacious bathroom, well-appointed kitchen meals and living area, and separate toilet. The residence boasts timber floorboards and high ceilings, creating a sense of spaciousness and cosiness
The commercial/retail shop area is currently operating as a coin laundry by the property owners and includes 10 washing machines, 10 driers (buy the property and have a ready made business free). The property has rear parking accessible from the rear laneway for residents and coin laundry customers.
Situated in a busy location opposite Tottenham train station in a high density residential area in West Footscray. The long established and popular coin laundry is showing a good income stream, and coupled with the residence currently rented at $430/week presents a significant double income investment opportunity, or live in the residence and have the coin laundry income.
Highly recommended, call Brenda Ngan on 0435152545 now for further details and to arrange an inspection.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 2 | 1 | 463m2 | Year 2025 Month 01 Day 28 | - | Council approved | |
 | 0.26 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 25 | $820,000 | Council approved | |
 | 0.40 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 15 | $835,000 | Council approved | |
 | 0.41 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 20 | $732,500 | Council approved | |
 | 0.41 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 23 | - | Council approved |