Gorman Commercial FOR SALE

80 Railway Road, Blackburn

auction

OUTSTANDING INVESTMENT OPPORTUNITY WITH FUTURE MIXED USE DEVELOPMENT POTENTIAL

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.

Property Details

Asset Type
Industrial Warehouse
Building Area
557 m2*
Car Parking
6 spaces
Price
Contact Agent

Dean Alexander

0409 877 787

dalexander@gormancommercial.com.au

Stephen Gorman

0418 321 828

sgorman@gormancommercial.com.au