59 Whyte Street
Coleraine VIC 3315
- 2 Bed
- 1 Bath
- 2 Toilet
- 1 Park
$380,000 to $395,000
Investment Opportunity – Grand Bank Building with Dual Income Potential
Exceptional opportunity to secure a historic brick bank building offering immediate income and future flexibility.Prominently positioned and rich in character, this substantial property combines a long-term commercial lease to a banking institution on the ground floor with residential accommodation upstairs and to the rear creating multiple income streams under one roof.
With a striking façade, solid brick construction and classic architectural detailing this lovely building reflects the stature and permanence rarely found in today's market.
The ground floor is securely leased to an established banking tenant, providing reliable returns and peace of mind for investors.
Typical of a modern bank downstairs has an air conditioned service area, offices, tea room, and staff bathroom.
Upstairs and at the rear, a spacious residence offers excellent rental potential or the option for owner-occupation. Complete with private balcony and garage, the residential component adds significant versatility and long-term value.
Property Highlights:
• Grand brick bank building with strong street presence
• Long-term bank lease in place (secure commercial income)
• Upstairs and rear residential accommodation
• Residential rental opportunity for additional income
• Private balcony
• Garage
• Solid, character-filled construction
• Dual-income potential
Whether you're seeking a commercial investment, a diversified income stream, or a landmark addition to your portfolio, this rare offering delivers security, scale, and future upside, enquire today.
Features
General Features
- Property Type: House
- Bedrooms: 2
- Bathrooms: 1
- Land Size: 936sqm
- Living Areas: 1
Indoor Features
- Toilets: 2
- Airconditioning
Outdoor Features
- Garage Spaces: 1
- Balcony
Other Features
- Area Views
- Close to Schools
- Close to Shops
- Close to Transport
Can I afford 59 Whyte Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Enquire about 59 Whyte Street, Coleraine, VIC, 3315