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For Private Sale
Savills is delighted to present For Sale 114–122 Union Road, Surrey Hills, a multi-faceted investment opportunity comprising six (6) tenancies on a single title, with significant future development potential (STCA).
The property boasts proximity to Union Train Station, Melbourne’s elite private schools, Box Hill Central Shopping Centre and exceptional transport infrastructure.
Strategically positioned on a prime high profile corner site within the bustling Union Road retail precinct. The property benefits from outstanding exposure, significant income and is surrounded by an abundance of local amenity, making it an ideal proposition for investors or developers.
Key attributes of the property include:
• Outstanding opportunity to purchase 5 shops and a studio on 1 title with income
• Estimated fully leased rental of $185,206 per annum plus GST and outgoings
• Significant corner land holding of 829m2* with 3 street frontages
• Flexible Commercial 1 zoning with future potential for a multi-level residential or commercial development (STCA)
• High profile location in the thriving Union Road retail precinct
• Opposite Union Train Station (Belgrave and Lilydale lines) and Bus terminal
• A diverse range of local amenity is located at your doorstep with numerous Cafes, Restaurants, Coles, Liquorland, Aust Post, Terry White Chemist and Bendigo Bank
*Approximate
For further information please contact:
Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093
Remember to mention you found this property on DevelopmentReady
For Private Sale
Savills is delighted to present For Sale 114–122 Union Road, Surrey Hills, a multi-faceted investment opportunity comprising six (6) tenancies on a single title, with significant future development potential (STCA).
The property boasts proximity to Union Train Station, Melbourne’s elite private schools, Box Hill Central Shopping Centre and exceptional transport infrastructure.
Strategically positioned on a prime high profile corner site within the bustling Union Road retail precinct. The property benefits from outstanding exposure, significant income and is surrounded by an abundance of local amenity, making it an ideal proposition for investors or developers.
Key attributes of the property include:
• Outstanding opportunity to purchase 5 shops and a studio on 1 title with income
• Estimated fully leased rental of $185,206 per annum plus GST and outgoings
• Significant corner land holding of 829m2* with 3 street frontages
• Flexible Commercial 1 zoning with future potential for a multi-level residential or commercial development (STCA)
• High profile location in the thriving Union Road retail precinct
• Opposite Union Train Station (Belgrave and Lilydale lines) and Bus terminal
• A diverse range of local amenity is located at your doorstep with numerous Cafes, Restaurants, Coles, Liquorland, Aust Post, Terry White Chemist and Bendigo Bank
*Approximate
For further information please contact:
Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093
Remember to mention you found this property on DevelopmentReady
