Development/Land | Retail | Other

Situated on a prominent street amongst retail giants such as Coles, Chemist Warehouse & many fast food chains, this superb mixed-use property features commercial on ground floor with fantastic street exposure and 4 recently renovated 1 & 2 bedroom apartments.

Property Highlights:
- Two level commercial/ Residential mixed-use building with future development potential
- Five tenancies in total with front and rear access and onsite parking
- 3 x 2 bedroom apartments & 1 x 1 bedroom apartment
- Open plan commercial space with large display window
- B2 Zoning with a 14m height limit and no floor space restrictions
- Total land area approximately 350m2 that backs onto Council car park
- Ideal for home & income opportunity
- Situated amongst blue-chip commercial retailers
- Fantastic exposure with high pedestrian and vehicle traffic
- Gross income approximately $142,573.64
- Council Rates $7,800/Approx per annum
- Water Rates $2,100.00/ Aprox per annum