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80 Railway Road, BLACKBURN VIC 3130 SOLD
OUTSTANDING INVESTMENT OPPORTUNITY WITH FUTURE MIXED USE DEVELOPMENT POTENTIAL
Price
Contact Agent
Building Area
557 sqm
Description
Strategically located in the Blackburn Neighborhood Activity Centre and Megamile (West) Major Activity Centre and with a 15 metre preferred height limit.
- Land Area: 694sqm* (including 17.5 metre frontage)
- Building Area: 557sqm*
- Current Rental: $56,242 per annum (plus GST & outgoings)
- Lease expiring 2020 with one further option of 5 years.
- Commercial 1 Zone
- Wide ROW at rear
The subject property represents an outstanding opportunity to acquire this freehold building with strong rental income with the view of developing the property into multi-level mixed use development in the future.
(Approx*)
Located in close proximity to Maroondah Highway and the Blackburn Railway Station and Retail Precinct.

