Immediate income with longer-term development potential.^
GrayJohnson is pleased to offer for sale this ideally located commercial property in one of Melbourne’s most desirable suburbs.
Currently leased to Ultratune, the property enjoys a favourable Commercial 1 zoning, providing the opportunity for a future mixed-use project.^
> Valuable landholding – 455 sqm*
> Excellent frontage to Waverley Road – 10 metres*
> Main road plus laneway access
> Returning $67,670 pa net
> Favourable Commercial 1 zoning
> Flexibility to occupy, invest or develop^
> Highly desirable mixed-use suburb enjoying significant redevelopment.
> Vibrant shopping strip location
> Close to cafes, restaurants, parks and schools
> Public transport at the door
> Easy access to major arterials including Monash Freeway and Princes Highway
Auction Tuesday 28 March @ 11 am