This mixed-use property in the heart of Newport is set on approximately 339m2 of land. Its wide shop-front and render brick façade is currently tenanted with a secure 3-year lease and one further option. This property is suited to an investor looking for future development opportunities.
With planning approval for further development, it is ideal for either a retail, medical consulting, or office space. Central connections, such as Maddox Road, Mason Street and Melbourne Road are only moments away.
Other highlights include:
• Situated within a mixed-business classification zone.
• Rear access to the property via Woods Street.
• Office space.
• Kitchen and staff amenities.
• Land for further development.
• Approved for 3 x 2 bedroom apartments and office.