241-247 Broadway, Reservoir, VIC, 3073

LANDBANK FOR THE FUTURE

SOLD

• HUGE FUTURE DEVELOPMENT POTENTIAL (STCA)
• HUGE CORNER SITE OF 1,161 SQM (APPROX.)
• SECURE INCOME STREAM

Huge future development potential (STCA) for a substantial mixed use development comprising apartments and retail component which exploits the property's multiple street frontages

• Fantastic urban growth location
• Commercial 1 Zoning in busy shopping strip
• Well serviced by public transport with Reservoir train station within easy walking distance
• La Trobe University just 12 minutes bus ride away
• Site Area: 1,161 sqm*
• Dual street frontage of 68.8 metres* plus rear laneway
• Current Income: $38,675 pa*
• Five (5) year lease commencing December 2015
• One further term of five years

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*approx.

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