Commercial: Office / Retail
Main Road Inner City Building With Development Potential
Versatile commercial building providing current rental income and potential future development opportunity is now available for sale.
Situated on Commercial 1 zoned land, the 320m2* single level property features a light filled open plan showroom with a frontage of 12m* to Mt Alexander Road complimented by staff amenities with shower, storeroom and rear laneway access via Bank Street to lock-up garage.
- Current income: $60,777.36 per annum plus outgoings
- Expiring 31st January, 2021
- Potential to occupy earlier by agreement
This main road property is located 5.5km* from Melbourne CBD and is well serviced by an array of public transport options with the No. 59 Tram at its doorstep and Ascot Vale Train Station 600m* from the site. This ideal location is further enhanced by a diverse range of cafe's, restaurants and retail shops all within walking distance of the premises.
For further information or to inspect, please contact CVA Property Consultants.
Pricing excludes GST
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