Wedding Reception Landholding Backed by Strong Improvements & Income
Stonebridge Property Group is pleased to present for sale Ballara, 1435 Main Road, Eltham.
The key highlights of the opportunity include:
- Strong existing improvements including a fully licensed reception centre & 2 residential houses operating as a wedding and reception venue
- 13,105 sqm* landholding zoned General Residential with a total frontage of 58 m* to Main Road
- Surrounded by retail amenity featuring a FoodWorks and Australia Post (500 m*) with more substantial retail options including Main Road shopping strip anchored by Woolworths, Coles, Dan Murphy’s & Chemist Warehouse (2.5 km*)
- Highly regarded as one of Melbourne's best wedding venues having achieved many accolades including the 5 Star Award (Wedding Diaries & Easy Weddings)
- Suitable for multiple development outcomes with a limited supply of residential development sites of this scale
- 1.5 km* from Eltham College and 170 m* from Research Park / Main Road bus stop allowing connectivity to surrounding suburbs
- Within walking distance to numerous parklands including Research Park (200 m*) & Yarramie Reserve (700 m*)
- Leased until December 2024 plus varying residential leases for the two existing residential premises
- Flexible 12-18 months settlement terms available
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Max Warren
0488 296 892
Chao Zhang
0411 625 068
Jacob Biviano
0416 088 586
* Approximate
Property Code: 767
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