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SOLD
8 Seddon Street, Ivanhoe VIC 3079
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Property Highlights

SOLD $4.6m

Purchasure: The Paz Group

INVEST NOW DEVELOP LATER

Knight Frank is delighted to offer this exciting commercial investment opportunity featuring outstanding development potential at the expiration of the current leases (STCA)

Situated within easy reach of a plethora of amenity, this property will suit investors, developers and future owner occupiers alike.

Key features include:

- Corner site of 910sqm approx.
- Quality commercial improvement currently divided into 6 units (4 tenants) with ample on-site car parking.
- Current passing income of $106,455 plus GST p.a. approx.
- Zoned Commercial 1 within Design and Development Overlay (DDO11-4) with a preferred height limit of 15 metres approx.
- Located within a premium suburb featuring a median house price of $1,400,000 approx.
- Within easy walking distance to Ivanhoe Shopping Strip (Upper Heidelberg Road), Ivanhoe Train Station, bus networks, Ivanhoe Grammar and Ivanhoe Girls Grammar.

FOR SALE VIA ON-SITE AUCTION ON THURSDAY 2ND MARCH 2017 AT 12NOON.

For further information or to arrange an inspection please contact Andrew or Tim

Remember to mention you found this property on DevelopmentReady

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