56 Highbury Road Burwood VIC 3125
- Development / Land
- 308 m²
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 date and time||25/03/2015 12:00|
|Auction location||Ask Agent|
|Date Sold||2 Mar 2015|
|Floor Area||70 m²|
|Land Area||308 m²|
|Last updated||24 Feb 2015|