Expression of Interest Closing Wednesday 25 September at 2.00 Seize this unique opportunity to invest, occupy, landbank, or develop in one of Blackburn’s most sought-after central locations, directly opposite the main transport hub. This prime property spans two separate titles, offering a combined land area of 714 m². Key Features: • Land Area: 714 m² (2 separate titles) • Gross Building Area: 1,184 m² (approx.) • Gross Lettable Area: 624 m² • Zoning: Commercial 1, DD-08 • Car Spaces: 22 undercroft parking spaces Investment Highlights: • Potential Income: $170,000 p.a.* (*approx. fully let.) • Current Income: The property is currently 50% leased, generating $90,000 p.a. net with a lease expiring on 28-2-2026, including a 3-year option. This property offers incredible potential for investors looking for a secure income stream, businesses seeking a prime central location, or developers aiming to maximize the value of this rare landholding. Don’t miss out on this exceptional opportunity to secure a versatile asset in a thriving commercial precinct. Information Memorandum available on request which includes a schematic concept for a proposed development option by renowned architects DP Toscano. For further information and inspections please contact Cameron Way 0418 352 380 John Piccolo 0408 102 050 Julian Badenach 0414 609 665.
E-Mail-Anfrage an Woodards - Northcote
Immobilie ID: 504676352