Introducing a remarkable opportunity in the heart of Mckinnon, this property boasts a prime location with flexible Commercial 1 Zone (C1Z) classification and a multi-storey height precedent, presenting a fantastic potential for future development (Subject to Council Approval).
Currently occupied as a massage shop, this residence also includes 5 bedrooms, two bathrooms and a two-car garage making it the ultimate investment currently bringing in $60,000 per annum rental income.
Mckinnon is currently experiencing a period of rapid growth, driven by the presence of several high-profile mixed-use developments in the vicinity. Notably, the nearby 'MCKN' and 'ALIA' developments have contributed to the area's flourishing reputation, making it an attractive destination for businesses and residents alike.
Situated directly across from the McKinnon Hotel, this property benefits from being nestled within a thriving and vibrant neighborhood pocket. The area offers a diverse range of amenities, including local shops, cafes, restaurants, and recreational facilities, providing a dynamic environment for both residents and visitors.
Key features of this property include a generous land area of 184m2 and a build area of 145m2, offering ample space for various commercial ventures. The Commercial 1 zoning allows for a wide range of business uses, providing flexibility and opportunity for potential buyers or developers.
With a frontage of 5.48 meters along Jasper Road, the property enjoys excellent visibility and exposure to passing traffic. This prime location ensures that businesses operating here can benefit from high levels of foot traffic and a strong customer base.
Furthermore, the property benefits from rear access, adding convenience and accessibility for deliveries, parking, and service entry.
In summary, this property presents an exciting prospect for those seeking a versatile and well-located commercial space. With its flexible zoning, multi-storey height precedent, and proximity to significant developments, the potential for future development is evident. Don't miss the chance to secure this prime property and capitalize on the growth and opportunities in the thriving Mckinnon neighborhood.
