Description
Gorman Commercial is pleased to offer 94 Union Road, Surrey Hills for sale by Auction to be held Wednesday 21st November at 12 noon on-site.
Offering a rare opportunity to acquire this immaculately presented two-storey freehold in the tightly held Union Road retail shopping village.
Key attributes of the property include:
* Land area of 325 sqm approx.
* Versatile building area of 287 sqm, suitable for retail, commercial, hospitality (S.T.C.A.)
* Extensively renovated high quality building with excellent exposure
* Short term income - Occupy, Invest, Develop
* 6 on-site car spaces plus rear RSD access
* Prominent 7.6 metre frontage with R.O.W. access along southern & western boundaries
* Low site coverage allowing scope for further expansion or development (S.T.C.A.)
Union Road, Surrey Hills is one of Melbourne's best performing suburban shopping precincts with historically low vacancy rates and very few opportunities to purchase within the area. Over recent years, the immediate area has seen an increase in high-quality medium density residential development which has led to a significant change in the retail landscape with the recent addition of new cafes, restaurants and a wine bar plus Vintage Cellars and a new Coles supermarket. Surrey Hills Train Station is located within 50 metres of the property and various bus services also operate in Union Road. The property is located within close proximity to major roads including Canterbury Road, Warrigal Road and Mont Albert Road and is a short walk to the Surrey Gardens.