The sky is the limit with this superbly located property featuring holding income with large upside for redevelopment. Current changes are imminent to have R80 mixed use commercial zoning. Premises features two street frontages, including massive exposure to Scarborough Beach Road in the premiere location of Mount Hawthorn. This rare find is ideally suited for investors, developers and superfunds alike.
Features:
- Zoned R60 with land area of 1510sqm. Proposed R80 under TPS2 to residential/ commercial
- Purpose built 285sqm clinic leased for $63,000p/a plus outgoings
- Several large rooms, main reception/waiting area
- Adjoining 121sqm brick & tile house converted to offices currently vacant
- Reverse cycle air-conditioning
- Large parking lot, 8 car bays, huge exposure
Registered for GST - Sold as a going concern
*For sale by expressions of interest.
