An outstanding opportunity to secure prime retail development within the heart of Warrandyte's Shopping Precinct.
The property is situated on two titles and benefits from short term lease agreements to the ground floor retail shops and a vacant first floor office with an anticipated rental income of approximately $75,000 per annum.
The current building envelope occupies approximately 270 square metres on a site area of 700 square metres.
Approved Planning Permit Features:
- 2 Retail Shops of 100 sqm & 96 sqm,
- Restaurant/Medical (STCA) of 164 sqm
- 2 Offices of 88 sqm & 97 sqm
- Building Area: 545 sqm approx
- Current Holding Income (going concern)
- Secure car parking for 6 vehicles
- Situated within Warrandyte established shopping and tourism precinct
For further information and approved plans please contact the Commercial Team.