← Back

80 Railway Road, BLACKBURN VIC 3130 SOLD

OUTSTANDING INVESTMENT OPPORTUNITY WITH FUTURE MIXED USE DEVELOPMENT POTENTIAL
8
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.

LOCATION