Commercial: Office / Retail
Main Road Inner City Building With Development Potential
This versatile commercial building providing current rental income and potential future development opportunity.
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, please contact CVA Property Consultants.
Pricing excludes GST
Remember to mention you found this property on DevelopmentReady.com.au