EXPRESSION OF INTEREST CLOSING WEDNESDAY 1st JUNE AT 3pm
- Secure leases in place for both tenancies; RT Edgar and Ocean Grove Cellars
- Combined income: $124,473 pa net
- Two level freehold totalling 373m2* plus balcony
- Land holding of 606m2* with significant redevelopment potential
- Demolition clauses in both lease agreements
- Favourable Commercial 1 Zoning (13.5m height limit)
- Excellent onsite car parking at the rear accessed via Presidents Avenue
10% deposit, Balance of monies 60/90 days
*Approx.
Remember to mention you found this property on DevelopmentReady
EXPRESSION OF INTEREST CLOSING WEDNESDAY 1st JUNE AT 3pm
- Secure leases in place for both tenancies; RT Edgar and Ocean Grove Cellars
- Combined income: $124,473 pa net
- Two level freehold totalling 373m2* plus balcony
- Land holding of 606m2* with significant redevelopment potential
- Demolition clauses in both lease agreements
- Favourable Commercial 1 Zoning (13.5m height limit)
- Excellent onsite car parking at the rear accessed via Presidents Avenue
10% deposit, Balance of monies 60/90 days
*Approx.
Remember to mention you found this property on DevelopmentReady
68 The Terrace, Ocean Grove, VIC, 3226
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis