This well exposed commercial/residential blended asset provides a low-risk opportunity for those seeking to kick start or add to their investment portfolio. The property sits on a large corner allotment providing the possibility for rezoning or redevelopment options (STCA), which in addition to being positioned in one of Melbourne's rapidly expanding corridors, will certainly contribute to it's strong capital growth expectancy.
• Returning $82,385.45 per annum net
• Building area | 375m2 approximately
• Land area | 1,203m2 approximately
• Residential Growth Zoning (GRZ1)
• Future development potential (STCA)
For more details, please email agent