This is the largest offering in the shopping village comprising a double block, corner position with triple street access points. The property also has access to an abundance of parking on Princes St and the rear of Princes St and is next to "Irish Town Playground".
There is significant upside and development opportunity and the site is unique in that it overlooks Irish Town Playground Park to the rear. Most other properties in the strip of shops have had residential elements to the rear land, and the current zoning allows for this to be achieved at 20 Princes St.
The property represents an outstanding and rare opportunity to acquire retail exposure:
- A quality, easily accessible and highly visible commercial property as a long term investment
- Perfectly situated premises to relocate your business into
- Develop the site further with preliminary architectural DA plans for the site for mix use development including retail and residential (STCA).
- The additional opportunity to purchase the existing organic grocer, a local favourite and valued community resource
- The property will suit equally investors and owner occupiers, as well as developers looking to take advantage of a unique offering
Land size: 531.2sqm
Building Area
Lettable: 252 sqm
Storage: 52 sqm
Total: 304 sqm
Disclaimer: The information presented has been gathered from sources we deem to be reliable. We have not verified whether or not the information is accurate and do not accept any responsibility to any person and do no more than pass it on. All interested parties should rely on their own enquiries in order to determine the accuracy of this information.
