Substantial Site Consisting Of 2 Shops And 2 Bedroom Dwelling And An Abundance Of Land Ripe For Redevelopment
This excellent commercial development site boasts a prominent position with the vibrant West Footscray retail precinct.
The property consists of two separate titles with existing multi-use structures that provides a double fronted shop leased to established restaurant, 2 bedroom dwelling and an abundance of unutilised land at the rear which offers a plethora of development outcomes, sub divisional options or value-add opportunities. Close to major arterials and a growing residential population in Melbourne's west, the property is well serviced by public transport with several train stations and several bus services stopping nearby.
Key Property Features:
- Outstanding street exposure
- Excellent Commercial 1 Zoned land
- Land area of 1,634m2 approx.
- Over 24 metre street frontage
- Huge development potential or sub divisional options
- Strong existing income
- Two titles offered as a whole
These dual land holdings are ideally situated in the rapidly evolving West Footscray retail precinct. Only 8km to Melbourne's CBD and access to the growing suburbs in the west, West Footscray is poised to reap the benefits of the huge influx of residents over the next decade.
Public Auction onsite Thursday 16th December at 1pm.
Please do not hesitate to call the exclusive selling agents with any queries or to arrange a private inspection.
James Gregson
+61 421 516 480
Martin Huang
+61 416 161 166
Andrew Hewett
+61 418 439 388
Nirvana Kane
+61 449 529 256
Note: All figures are approximated, inspections subject to any current government restrictions and prospective buyers should refer the sales documentation prior to submitting any offer.
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