Crabtrees Real Estate in conjunction with Jarrel Estate Agents are proud to present For Sale this outstanding main road development site of approximately 1,593 sqm via Expressions of Interest closing by Wednesday 21st July 2021 at 4pm.
Invest now & develop later (STCA), this rare and exciting opportunity features:
+ Total site area of 1,593 sqm*
+ One (1) title with five (5) shops
+ Three (3) street frontages plus rear lane access
+ 35 metre* frontage to Poath Road
+ Zoning Commercial 1
+ Currently returning $153,670 per annum net
+ Adjacent to Hughesdale Train Station
Zoned Commercial 1, could see a potential redevelopment of approximately 6-storey apartment block with ground level retail or just landbank this unique island property.
Murrumbeena is one of Melbourne's up and coming suburbs that has seen major change and redevelopment. Only minutes from Chadstone Shopping Centre and Monash Caulfield Campus, it also boasts a newly upgraded train station which is complemented by public bus services.
Located in a prime position in Murrumbeena surrounded by new shops, restaurants and apartments this is an opportunity to make your mark in one of Melbourne's most sought after locations.
Please contact the exclusive conjunctional agents for further information or to arrange a private inspection.