Commercial block with multiple tenancies remains on the market

Stockdale & Leggo estate agent Vince Tassoni said it was rare for a commercial block with multiple tenancies to be on the market.

“I know there's some genuine interest here today … I think we will definitely sell within the next couple of weeks,” Mr Tassoni said.

“If you lose a tenant, you’re losing one, you haven’t lost your whole income, so it’s a relatively low-risk investment … all your eggs aren’t in one basket.

“There's been a mixture of local and Melbourne buyers interested in this one, but the majority have been local.”

Mr Tassoni said the owners were hoping to sell the block for $2 million.

Shops on the strip include a post office, grocery stores and restaurants.

Post office co-owner Bobby Singh said a new landlord could be a positive thing for tenants.