12
Price
Contact Agent
Building Area
149 sqm
- Two-level freehold investment
- Future development potential (STCA)
- Positioned in tightly held retail strip
Description
Rare opportunity to acquire an outstanding two-level freehold situated within one of the eastern suburb’s most tightly held shopping strips.
Auction: Thursday 26th May 2022 at 12 noon on-site
Key features comprise:
* Land area: 215 sqm approx.
* Current Income: $55,266 pa + GST + outgoings (as at June 2022)
* Substantial two-level building with rear land for future development plus ample parking
* Wide rear R.O.W accessible via Cherry Road and Balwyn Road
* Future occupier and development potential (STCA)
Located within proximity to Balwyn Cinemas, Woolworths, Balwyn Park, some of Melbourne’s best schools, as well as a variety of retail businesses within the area.