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SOLD
1 Ormond Road, WEST FOOTSCRAY, VIC 3012
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Property Highlights

Substantial Corner Freehold Consisting of 7 Shops With Approved Planning Permit
  • 7 Adjoining Shops
  • Approved Planning Permit
  • Potential For High Yielding Investment

James Gregson Commercial along with Greg Hocking Williamstown is pleased to announce this unique inner west opportunity for your consideration. The property provides an opportunity to refurb shops to obtain a high yielding investment or alternatively, redevelop in line with the approved planning permit.

Key features include:

• Corner Site

• 549m2 approx. of land area consisting of 7 separate shops

• Opportunity for multi-use purposes or develop with the approved planning permit

• Mixed use zone offering an array of development outcomes

• Approved planning permit for a 3 level office building with ground floor cafe

• Booming inner west location only 9km from the CBD

• Strong affluent demographics, with a median house price of $900,000

• Main road exposure to 260,000 daily passing vehicular traffic

• Suits investors, owner occupiers and developers

Please do not hesitate to contact the exclusive selling agents if you have any further queries, to arrange a private inspection or to receive a copy of the plans and permits.

Note: All figures are approximated and prospective buyers should refer to the sales documentation prior to submitting their expressions of interest.

Remember to mention you found this property on DevelopmentReady

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