GormanKelly is pleased to offer 149 Union Road, Surrey Hills for sale by auction on Wednesday 14th December onsite at 12 noon.
Forming part of a deceased estate, the property comprises a rare and outstanding opportunity to secure a vacant retail freehold and rear dwelling within the heart of the Surrey Hills Shopping Centre. Offered publicly for the first time in over 70 years the property provides a number of options including renovating and leasing, further extensions or a complete redevelopment into a multi-level mixed use development STCA as has been done on surrounding sites. The property is suitable for investors, owner occupiers or developers providing a rare opportunity to become part of a rapidly emerging and exciting precinct.
Existing improvements comprise a front single level brick retail premises of approximately 53m2 with attached rear weatherboard dwelling. The site area is 175m2 and zoned Business 1 Zone with rear laneway access. Ample on street parking is available in the immediate area with a large carpark also at the nearby railway station.
Situated on the eastern side of Union Road within the heart of the Surrey Hills Shopping Centre. The property occupies a prominent position near the Surrey Hills Train Station and pedestrian crossing and is surrounded by well regarded Cafes, Pharmacy, Bakery and many other local retailers forming part of this bustling strip. There is good access to public transport with the station a short stroll and bus services operating on Union Road. The property is located within close proximity to major roads including Canterbury Road, Warrigal Road and Mont Albert Road and is a short walk to the Surrey Gardens.
