Food business, café or office conversion. GrayJohnson is pleased to offer for sale this single-storey retail shop located in a busy Preston shopping precinct. Offered with vacant possession, the premises are currently occupied by the Moon Palace Chinese takeaway. The building comprises a small service section at the front, a commercial kitchen and a large rear area, formerly a residence but now used for storage. It sits on a well-proportioned landholding with a laneway providing rear access for deliveries and parking. While ideal for a food service business, the property also offers potential for a new owner with creativity and imagination to restore the rear residence, to convert the whole building into professional offices or to add value with additional floors^. The opportunity: • First time offered in 48 years • Land area 202 sqm* • Building area 113 sqm* • Rear laneway access to onsite parking • Affordable price point • Zoned Commercial 1 The property is well-positioned alongside a mix of retail and service businesses and cosmopolitan eateries. The West Preston tram route (Route 11) runs along Gilbert Road with a stop right at the door. The location: • Thriving shopping strip location • Tram stop at the door • Easy access to major arterials • 10km* north of the Melbourne CBD *approx. ^STPA
Email enquiry to Gray Johnson - Melbourne
Property ID: 504708508