This 2 level retail complex built of blockwork over basement car parking has the best of both worlds.
A solid net income of approximately $183,000 and a 5 storey development zoning on a corner allotment of 1,046 m2.
Zoned Corinda Centre NPP-002 allowing a mixed use development similar to the adjoining complex.
4 tenants, 2 of which can be divided into smaller tenancies.
Significant potential exists to enhance the income and reposition the leases which are currently below market rents
Ground Floor expansion potential for another retail tenancy.
150 m2 to Corinda Railway Station.
200 m to Corinda RSL.
150 m to Coles.
Contact us for a detailed information memorandum.