Altona East Lpo, Circle News & Lotto (sp2624)
Altona North, Victoria 3025
$900,000 Plus SAV
Key Features
AI generated. Contact seller to confirm.
- Combined Post Office, Newsagency and Lotto operation
- Freehold purchase option includes attached four-bedroom dwelling
- Prime inner-west Melbourne location in established residential precinct
- 144 post boxes, including 44 leased
- Trades six days weekly, Monday to Saturday
- Includes Bank@Post, Money Order, bill pay and verification services
- Rent/Lease: Long lease; ownership period stated as 21 years
- Established: Long established; ownership period stated as 21 years
Business Details
Business Category Newsagency Post Offices
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: XXXXXXXXXX , 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 XXXXXXXXXX , XXXXXXXXXX
or email XXXXXXXXXX
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.
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: XXXXXXXXXX , 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 XXXXXXXXXX , XXXXXXXXXX
or email XXXXXXXXXX
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.
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