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Sold on 2 Mar 2015

56 Highbury Road Burwood VIC 3125

  • Development / Land
  • Land Size308 m²
  • PriceSold

INCOME & DEVELOPMENT POTENTIAL IN ONE!

Offered subject to a lease, the property provides a secure income stream whilst you plan to redevelop or sub-divide. Town planning permit previously approved.

Fantastic opportunity for owner/occupier, investor or developer.

The property offers:

- Current Income: $24,169 pa + outgoings & GST
- Term: 4 years
- Option: 4 years
- Shop Land Area: 104m2
- Plus rear land area of 217m2. This land has had a Town Planning & Building Permit issued for two units, offices and showroom/warehouse
- Future subdivision potential (STCA)

Located on the southern side of Highbury Road, near the corner of Evans Street and approximately 14 km east of the Melbourne CBD.

The surrounding area comprises a mixture of older style factories and some modern factory unit developments.

Easy access to public transport with trams on Burwood Highway and surrounding bus services. Burwood and Hartwell railway stations are also just 2km to the east.

AUCTION

Auction date and time25/03/2015 12:00
Auction locationAsk Agent

Property Highlights

Property ID2011610386
Date Sold2 Mar 2015
Floor Area70 m²
Land Area308 m²
ParkingAsk Agent
Category
Last updated  24 Feb 2015
Map for 56 Highbury Road Burwood VIC 3125
GormanKelly
Level 1, 1 Oxley Road Hawthorn VIC 3122

Ask Chris Alcock about this property

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