JLL Melbourne Commercial Sales and Gorman Commercial are pleased to present for sale this first-class office building set on a prime corner with the benefit of an approved permit in place.
Key details of the opportunity include:
- A triple fronted landholding of 1,412sqm
- An existing retail and office building of 1,500sqm with secure parking for 15 cars
- Extensive combined street frontage of 106 metres
- Approved permit in place for a 6-level project comprising 57 apartments and 4 retail shops
- Positioned in the heart of the premium North Road retail strip and the desired McKinnon School Zone
- Flexible Commercial 1 zoning
- Significant short-term income with enormous rental upside
- Flexible opportunity for investors, owner-occupiers and developers
- An affluent and captive local residential catchment with a median house price of $1,845,000
- A first-class opportunity in one of Melbourne’s most sought-after locations
PROUDLY SOLD
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
JLL
Nick Peden | 0402 011 266
Jesse Radisich | 0402 085 702
MingXuan Li 李名轩 | 0498 688 998
Gorman Commercial
Jonathon McCormack | 0418 835 885
Stephen Gorman | 0418 321 828
Remember to mention you found this property on DevelopmentReady
