|
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.
|