PRIME LOCATION - ZONED LMR, WITH COMMERCIAL TENANT
- 2 Beds
- 1 Bath
- 1 Car
THIS ABSOLUTE GEM OF A PROPERTY OFFERS A MULTI FACETED INVESTMENT WITH REDEVELOPMENT POTENTIAL.
Superlative buying opportunities like this rarely present themselves, so act decisively as this property will not last. With many prime development blocks being sold before they even reach the market, this property is a must for any investor or developer.
A truly rare property offering a level 612m2 of land this property will only become more sort after and would be ideal for a unique townhouse or unit development (STCA).
Strategically located within short distance of every conceivable amenity this is the ideal place to invest for the future. With a short walk to city express buses with easy access to all major roads and freeways. And within short drive of two major Westfield's shopping centres.
The home that sits upon this relative gold mine has been well maintained and converted to commercial office space. With the current lease running until January 2015 (current tenant prepared to sign a lease extension) with annual gross return of approximately $30,000/annum (inc outgoings)
With outstanding potential for the future and a secure return for now in an ideal location, this will be the best investment you will ever make, ideal for a self-managed super fund.
Summary of Features;
- Level 612m2 LMR site in prime location
- Tidy post war home, converted for office space
- Currently leased until January 2015
- Approximately 200m to city express bus (No. 170)
- 8km to the CBD (direct line)
- Easy access to the city via South East Freeway
- Approximately 7km to Westfield Garden City
- Approximately 7km to Westfield Carindale
- Ideal investment for a Self-Managed Super Fund
- Close To Schools
- Close To Shops
- Close To Transport
- Single Carport
612m² / 0.15 acres