Altona East LPO, Circle News & Lotto (SP2624)
NEW LISTING
Multi Income and long established business in prime inner-west Melbourne location.
An outstanding opportunity to acquire a business combining Post office, News agency and Lotto, strategically positioned in Melbourne’s highly sought-after western suburbs.
There is also an opportunity to purchase the freehold property incorporating the business premises and an attached four-bedroom dwelling - offering both business ownership and residential accommodation in one investment.
Post+ Terminals: 2 Post 1 Tatts
Commissions: Above $220,000
Offers Excellent ROI
Operating Days: 6 days a week
Diverse Income Streams: Australia Post commissions, Australia post products, Retail Sales, Tatts, News Agency
144 post boxes 44 leased
ownership period : 21 years
Long Lease
Low Overheads: Minimal running costs and option for staffing
Easy-to-Operate Business Model: Perfect for owner-operators, couple
Trading Hours: Monday to Saturday: 7 am to 6 pm
Services: Bank@Post, Money Order, bill pay, 100 point check/verification, News Agency, Tatts
Why You’ll Love It:
• Well-established Post Office, Newsagency and Lotto business with multiple income streams
• Positioned within an established and affluent residential and business precinct
• Surrounded by a strong mix of complementary businesses, including IGA, fruit shops, hairdressers, butcher, dry cleaner, chemist, food retailers, jewellery and professional services
• Strong local customer base supported by established families, professionals and corporate/business customers
• Convenient location with a broad range of retail, medical and professional services nearby
• Opportunity to further grow retail, Lotto and Post Office-related services
• Freehold purchase option available, including an attached four-bedroom dwelling — an attractive opportunity to combine business ownership with residential accommodation
For further information, please contact Sunil Patel on 0433 557 320, 0485 878 292
or email
Note: All financial information is supplied by the vendor and requires independent verification during due diligence. Prospective purchasers must be approved by relevant authorities and complete mandatory training.
