{"Slug":"house-204a-main-road-east-st-albans-vic-3021-2","CanonicalUrl":"https://realsearch.com.au/house-204a-main-road-east-st-albans-vic-3021-2","Address":"204a Main Road East, St Albans, Vic 3021","Suburb":"St Albans","State":"VIC","Postcode":"3021","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"An exceptional opportunity to secure a high-exposure freehold investment in the heart of thriving St Albans. Positioned along bustling Main Road East, this premium commercial property offers residential redevelopment potential and a strong holding income and long-term growth potential in one of Melbourne's most established retail precincts.Currently leased to a secure tenant returning $57,231 per annum (or approximately $4,769 per calendar month), plus GST and 100% of outgoings. The lease expires on June 30, 2038 - This is a true set-and-forget investment with immediate cash flow and minimal landlord responsibilities.Strategically located within a tightly held shopping strip surrounded by established businesses, public transport, and strong local foot traffic, the property benefits from outstanding street presence and excellent accessibility.Key Investment Highlights:*Securely tenanted investment - *Returning $57,2310 p.a. + GST + 100% outgoings*CPI increases annually  *Tenant pays 100% of outgoings*Lease expiry - June 30, 2038*Zoning: Commercial 1 Zone*Rear land access*High-exposure Main Road location*Strong surrounding retail and community presence*Excellent access to public transport and major arterial roads*Positioned within a high-growth western corridorWhether you are a seasoned investor seeking a solid addition to your portfolio or looking to secure a blue-chip commercial asset in Melbourne's west, this is an opportunity not to be missed.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$1,150,000 - $1,250,000"},"Bedrooms":"1","Bathrooms":"1","Parking":"2","Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.74536183,"Longitude":144.81139897,"Agent":{"Name":"Adrian Kay","CanonicalUrl":"https://realsearch.com.au/agent/adrian-kay"},"Agency":{"Name":"Douglas Kay Real Estate - Sunshine","CanonicalUrl":"https://realsearch.com.au/agency/douglas-kay-real-estate-sunshine"},"CreatedAt":"2026-09-30T09:02:24.7364415","UpdatedAt":"2026-09-30T09:02:24.7539408"}