Outstanding Opportunity To Secure Vacant Industrial Land This rare industrial block available for sale, this site has ample potential for developers, owner occupiers and investors. Features of the property include:
BOUTIQUE DEVELOPMENT SITE * Land Area: 190 sqm (approx.)
* Zoning: Commercial 1
* A Planning Permit was issued from Knox City Council on 9 January 2014
A fantastic opportunity to secure a boutique development site adjoining busy neighbourhood shopping centre approximately 32km east of Melbourne's CBD.
A planning permit was issued for the site on January 2014 which permitted the development of a three (3) storey multi-use building with a ground retail tenancy and two (2) residential units with two (2) bedrooms each. Represents a good development of this site and worthy of re-application.
Baton Rouge Motel Only 34 Kilometres South East of Melbourne and close to the base of the breathtaking Dandenong Ranges.The motel is in close proximity to all the local attractions and businesses alike within the Dandenong & Knox regions. * Freehold and Business with Vacant Possession * 3.5 star rated 43 room motel * Licensed Restaurant & 3 Function Rooms * 2 Bedroom managers residence * Land 7795 m2, Residential Growth Zone (RGZ1) * Suitable for future 4 storey development (STCA) * Proven high income/cash flow
Strong Investment With Upside PRICE REDUCTION. OFFERS INVITED.
The opportunity has arrived to secure a fantastic main road development site, with the potential to re-develop over time, whilst enjoying an income from the multiple tenancies currently operating from the site.
- Zoned Mixed Use - Currently has 8 office suites, with varied tenancies - Total building 829sqm (approx.) on a massive site of 1,950sqm (approx.) - Current income $122,000 pa,(approx.) with a potential income of $158,500pa (estimated) when fully leased.