Great Opportunity To Secure a Longstanding and Profitable Australia Post Business with Freehold, Building and Dwellings.
Located on Cotham Road, this property comprises a well positioned retail freehold of 308 Square Metres.
Ideally located within the Cotham Road retail precinct and benefitting from a rear laneway access.
The property sits within a Commercial Zone 1
Provision for alternative use or future redevelopment STCA
Subject to DD016 (Design and Development Overlay) which provides an overall street wall maximum height of 11 Metres
And HO802 (Heritage Overlay) which list the property as of contributory significance to the local area.
Existing improvements present in good condition throughout and total building area of 360Square Metres.
Retail Shop comprises 88 Square Metres of Prime Frontage to Cotham Rd.
The Rear Unit and Upstairs Rooms are used for Residential Purposes.
Sale Includes The Property and busy Post Office.
The owners currently operate the Licensed Post Office (LPO) and reside in the residence above the shop and the residence behind the shop.
The property provides an ideal opportunity for owner operator to secure the Cotham Road retail holding, or potential to lease the property and business on long term lease.
Ideal for for business operators or investors within the retail, hospitality, office and medical/healthcare sectors.
Great Opportunity also for for future developments as boutique residential or mixed use project STCA
Kew is recognised as one of Melbournes most tightly held and highly sort after residential and commercial precinct
Located in the highly sought after precinct with direct access to Glenferrie Road and High Street retail amenity.
Access to Melbournes Prestige Schools - Xavier College, Trinity Grammar and more.
Easy access to all public transport services - trams on Glenferrie Rd and Kew Train Station with direct route to CBD.
An abundance of offerings - retail amenity, parks, schools, the location will appeal to Business Operators and Developers alike.
For More Information on this great opportunity please contact
Christopher Medawar on 0423 221 244
