Opportunity to enjoy a Cosmopolitan lifestyle in your first floor apartment with your Superannuation Funds invested in the shop below. Alternatively hold as a pure investment or take advantage of the redevelopment potential to go up (STCA).
Being offered for sale for the first time in over 50 years, Number 589 enjoys a prime position on the fashion strip along Military Road. With the Council car park immediately at the rear, this section of Military Road has always been popular with high end fashion retailers and cafes'.
The shop is currently occupied by Oz Resort Swimwear on a lease that expires in October 2013. The opportunity therefore exists for an owner/occupier to purchase or an investor to take advantage of the prime location that the property enjoys.
Subject to Council Approval we believe there is also the opportunity to extend the first floor residence by adding an additional storey with bedrooms/living area etc with city views.
For a copy of the Information Memorandum contact Mark T Smith on 0418 523 007 or Kristy Berry on 9929 8944 to send you a copy.