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SOLD

241-247 Broadway, Reservoir, VIC, 3073

Development Potential
DETAILS

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.

Remember to mention that you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
SOLD:
TITLE:
Property Area
AREA:
1161 m² (*approx)
Property Type
TYPE:
Mixed Use,
Development Potential
DEVELOPMENT APPROVAL:
Mixed Use Development Opportunity (STCA)

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241-247 Broadway, Reservoir, VIC, 3073
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