Knight Frank is delighted to offer this exciting commercial investment opportunity featuring outstanding development potential at the expiration of the current leases (STCA)
Situated within easy reach of a plethora of amenity, this property will suit investors, developers and future owner occupiers alike.
Key features include:
- Corner site of 910sqm approx. - Quality commercial improvement currently divided into 6 units (4 tenants) with ample on-site car parking. - Current passing income of $106,455 plus GST p.a. approx. - Zoned Commercial 1 within Design and Development Overlay (DDO11-4) with a preferred height limit of 15 metres approx. - Located within a premium suburb featuring a median house price of $1,400,000 approx. - Within easy walking distance to Ivanhoe Shopping Strip (Upper Heidelberg Road), Ivanhoe Train Station, bus networks, Ivanhoe Grammar and Ivanhoe Girls Grammar.
FOR SALE VIA ON-SITE AUCTION ON THURSDAY 2ND MARCH 2017 AT 12NOON.
For further information or to arrange an inspection please contact Andrew or Tim
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.
