Potential Plus! Highly Exposed Corner Freehold • Prominently located property within Glen Waverley’s buzzing retail precinct • Directly opposite the busy railway station and bus interchange and adjacent to Glen Waverley Secondary College and public car park • Versatile site of 209sqm approx. with rear access via right of way • Combined dual street frontage of 41 metres approx. • Within favourable high density zoning • Significant further development potential (stca) • Offered with Vacant Possession • Positioned within the Kingsway retail and entertainment district surrounded by popular eateries, highly regarded local and national r...
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.
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.
Must Be sold!!
Retail Investment with Development Opportunity A fantastic Opportunity to purchase two retail shops on one title .
This exceptional offering has two street frontages, development opportunity at the rear and potential to go up (STPA)
- Two retail shops on leases combined return $32,000pa plus GST approx. - Two Street Frontages - Adjacent properties are multi levels - Perfect location in prime location of Dorset Rd Shopping - Surrounded by public parking and national tenants
For more information, please contact Matt Brown 0418 599 486 or John Black 0419 341 986