GormanKelly is pleased to present a lucratively located investment property in the heart of Blackburn’s’ growth area.
20 Station Street offers all the modern facilities as expected in a building that is under 10 years old. Its classic facade makes it stand out from the street. Currently let at the lower market end on a per square metre rate provides confident upside in the future.
With abundance of natural light and elevated outlook, the property is further complimented by secure on grade parking. An open floor plate leaves nothing to the imagination for single tenant or divisible occupancies in the future. In addition, we have provided some preliminary drawings for potential multi-level residential apartments which have become a prolific reality in the immediate area.
We believe the most outstanding aspects of this offering include:-
- Currently returning $132,000* pa plus GST & outgoings on long term lease (09/07/2013)
- Potential future uses include multi-level apartments and/or offices
Located on the western side of Station Street with the closest major intersection being that of Whitehorse Road and Middleborough Road.
The property is in a great position, located conveniently close to Blackburn Station with EastLink providing prompt access to the CBD and inner and outer eastern suburbs.
