Dixon Kestles are excited to offer you this unique opportunity to secure this double fronted retail shop and residence at rear. The option is yours to decide.
You can renovate and/or rejuvenate into traditional retail strip or redevelop (STCA).
Key attributes are:
* Combined street frontage of 16m (approx).
* Total land area of 676m2 approx.
* Ground floor retail shops plus residence at rear.
* Current income is $56,332 net pa + GST
* Lease expires in April, 2021 with no option.
* Commercial 1 Zoning.
This property is primed for a brand new apartment block (STCA) and is an incredible opportunity for astute investors/developers ready to take on the challenge.
Auction:Thursday 31st October, 2019 at 1:30pm on-site (unless sold prior).
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.