Ideal Location & Development Upside
For sale is a unique development opportunity located at 6-10 William Street in the heart of Balaclava.
Situated on a 1,158 square metre Commercial 1 Zoned land, this exceptional opportunity lends itself to a high-quality boutique development encompassing the thriving underlying location of the property.
With dual street frontages (William Street & Laneway access) developers and owner-occupiers will see the potential inherent in the site.
Situated 50 metres from Balaclava Train Station and close to Coles Balaclava, Carlisle Street retail precinct and the St Kilda Town Hall, this property is ideal for development for owner-occupiers, strata use, commercial freehold or mixed-use development.
For further details on this outstanding opportunity, please contact the listing agents.
• Perfect location and development upside
• Property currently benefits from strong holding income with short term leases in place from both the current sitting tenants
• Timing is ideal for purchasers seeking to obtain a development approval on the site
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