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Historic Charm Meets Investment Potential in the Heart of Hurstbridge
Expressions of Interest closing Tuesday 3rd June at 5:00pm
Step into a landmark of Hurstbridge’s rich past with this unique commercial offering at 1/960 Heidelberg-Kinglake Road. First opened in 1920 as ‘The Ideal Store’ and later renamed ‘The Mutual Store,’ this cherished property has long stood at the heart of the community — from its days as a bustling general store to one of the first in the area to offer local deliveries via Model T Ford.
Centrally located in the vibrant Hurstbridge township, just moments from the train station, this high-exposure corner site enjoys excellent foot traffic and street presence. The building features two spacious, interconnected interiors, a kitchenette, powder room, full-width veranda, large display windows, and convenient off-street parking — making it versatile for a variety of uses.
Currently leased on a fixed-term agreement, this is an ideal “set-and-forget” opportunity for savvy investors looking to secure a charming, low-maintenance asset with reliable returns. Rental income is $32,500 inc GST per annum for 2.5 years, with the option of one further term of 3 years.
Step into a landmark of Hurstbridge’s rich past with this unique commercial offering at 1/960 Heidelberg-Kinglake Road. First opened in 1920 as ‘The Ideal Store’ and later renamed ‘The Mutual Store,’ this cherished property has long stood at the heart of the community — from its days as a bustling general store to one of the first in the area to offer local deliveries via Model T Ford.
Centrally located in the vibrant Hurstbridge township, just moments from the train station, this high-exposure corner site enjoys excellent foot traffic and street presence. The building features two spacious, interconnected interiors, a kitchenette, powder room, full-width veranda, large display windows, and convenient off-street parking — making it versatile for a variety of uses.
Currently leased on a fixed-term agreement, this is an ideal “set-and-forget” opportunity for savvy investors looking to secure a charming, low-maintenance asset with reliable returns. Rental income is $32,500 inc GST per annum for 2.5 years, with the option of one further term of 3 years.
