Owner Occupier’s delight! OR Investor with future development designs

Great quality existing building, with excellent exposure, near the City. The property has 3 street frontages with windows on each side and a busy location that would provide great showroom appeal with large windows. The full height basement runs the length of the building providing ample parking, storage, or other business activity. Its many possible and current uses have been a private gym on the ground floor, through to being considered as a dance and Karaoke bar in the basement. Built to the boundary over the entire 569 sqm site, the property has scope for an easy refit to accommodate multiple tenants or up to a single 2,000 sqm tenant. There are very few small “boutique” buildings like this left especially given this property is also earmarked for future development of up to 6 stories when planning changes and DA approval is pursued. Right now, the property is ideal for an owner occupier or tenant who doesn’t might stripping it back, selling off the existing fit-out and ending up with the perfect blank canvass in a central location right on the bus route to the city!

Capitalise on existing plans, images, planning report and feasibility for a new development on the site - A lot of the hard work is already done for you!

The Property snapshot:
- Site Area: 569 sqm
- 3 Levels plus a basement level
- 3 sides of Natural light
- Solid brick building with good ceiling heights
- Basement parking, amenity, storage and creative uses
- Take advantage of this great buying opportunity with a motivated vendor willing to meet the market
- Reap the benefit of securing a quality building that is ready for a fresh start
- High exposure main road location
- Easy transport access to the CBD by bus and car
- Rapidly evolving area surrounded by new development
- Views over parklands with some simple variation to make this an ideal Corporate Headquarters for your business
- Capitalise on existing plans, images, planning report and feasibility for a new development on the site
- Park this property for a few years, take your time to seek a DA and reap the rewards by maximising the development uplift and profit.
- Highly motivated Vendor ready to sell pre-Xmas
- Be surprised and be ready!

For any more information or if you would like to inspect this property, feel free to give Deans Property a call today!

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Robert Deans

9282 6777

0416 048 788

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John Warren

9282 6777

0457 478 065

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