LEASED INVESTMENT WITH REDEVELOPMENT POTENTIAL/CORNER SITE EXPOSURE
Wellness Centre: 450 sqm
Showroom/Warehouse: 430 sqm
Land Area: 5,317 sqm
- Two single level buildings with bitumen car parking surroundings
- Site area of 5,317sqm comprised of two individual lots
- Currently tenanted and future redevelopment potential STCA
- Zoned "Mixed Use" under the City of Belmont Town Planning Scheme No. 15
The improvements include:
Two circa 1970 built single level buildings with bitumen car park surroundings.
172 Great Eastern Highway site includes two separate buildings each includes separate access and different tenants. Both buildings are constructed with brick and iron elevations, concrete floors, and iron roof. The showroom fronting Great Eastern Hwy is approximately 430 sqm inclusive with 2,743 sqm hardstand area for display of cars and the building known as 6 Hargreaves Street is utilised as a medical centre (consulting rooms) and has approximately 450 sqm of improvements with surrounding parking giving a total site area of 1,593 sqm.
176 Great Eastern Highway, adjoins 172 Great Eastern Highway is currently used as vehicle display and provides a site area of 551 sqm and forms part of the exclusive use of 172 Great Eastern Hwy.
172 Great Eastern Highway is an open plan showroom area with adjacent office and ablution components, and partitioned second area currently used for minor vehicle repairs. The repair area is accessible via two roller doors at the northern elevation if improvements.
176 Great Eastern Highway comprises of an open bitumen carpark. This display yard provides a seamless transition into the Lot 707 Parking area - effectively appearing as a single site.
6 Hargreaves Street, is a single level commercial building currently utilised as a consulting centre. Accommodation includes a reception/waiting area several consulting and treatment room, a yoga studio, rehabilitation gym and amenities.
For more information, please contact exclusive listing agents David Lamb on 0411 597 952 or Rory Feely on 0450 520 227.
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