407 Humffray St N Brown Hill VIC 3350
- Shop & Retail
- 305 m²
- For Sale, $1,850,000 to $2,035,000
Great Investment Opportunity, 2 Shops & 5Bed house with approximately 1855m2 land
Freehold for Sale
Inspections by appointment & please direct all inquiries to Andrew Johnson
With respect to the price range it is +GST if applicable.
This is an opportunity to own a property that has great potential for the future and has an existing mixed use business (i.e. a going concern), a clothing shop (i.e. new tenant) and has a residential house behind which could be rented out in the future if required.
Great Future Development Potential (STCA), initial plans considered by Vendor for 3 Townhouses (ie. 1 x 3Bed & 2 x 2Bed, see attached preliminary plans), maybe a chemist or medical centre is possible, the options are yours to explore so give a local town planner or even the local Council a call to discuss the implications of what you want to achieve against the local planning scheme as part of your due diligence.
Mixed Use Business is a going concern and is included in the sale (i.e. plus new potential tenants are ready to negotiate with a new owner/investor once a sale is finalised).
Clothing Shop (i.e. 3 year new tenancy commencement date 01/04/2021 ).
Residential House - Master Bedroom with ensuite (Spa Bath, Shower & WC) & WIR, Open Kitchen, Dining area & Lounge, additional small lounge, 3 Bedrooms with BIR, 5th Bed/Office off dining area, Bathroom (i.e. Shower, bath & WC), separate laundry, 2 Car Lock up Garage.
Approximately 1855m2 Land
Buildings Areas approx. are the Shop 240.2m2, Clothing Shop 65.3m2 & Dwelling 160.2m2
Property Code: 3