Located in the heart of Rowville, this expansive 1447m2 corner block is a unique opportunity for developers, investors, or owner-occupiers. The property includes a vacant retail/milk bar space with storage (approx. 150m2) and 13 parking spaces, along with a loading area. Connected to the commercial area is a spacious, well-constructed residence with 3 bedrooms, two large living areas, 2 bathrooms, and a double garage, totaling around 230m2 of living space. With its excellent location and flexibility, this site offers numerous options: • Occupy the residence and operate a business on-site • Transform into a good-sized medical or dental clinic with a planning permit granted at potential net rental income return at $250K-300K plus GST per annum; Medical center permit granted with 5 consultation rooms plus a big hall for Physio classes etc. • Opportunity to subdivide into 5-6 townhouse development potential (STCA) Just steps from Stud Park Shopping Centre, schools, and childcare, and with quick access to the Monash and Eastlink freeways, this property is ideally positioned for varied uses and long-term potential. Contact Angie 0451 008 168 or Jazzmen 0416 822 626 today to inspect today!
Email enquiry to NAI Harcourts Balwyn Commercial
Property ID: 504731248