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Approved Development – 2 Shops & 4 Apartments With Holdin...

1242 Burwood Highway, UPPER FERNTREE GULLY VIC, 3156

For Sale

Property for Sale in 1242 Burwood Highway, UPPER FERNTREE GULLY VIC, 3156

Listing ID:
11370431
Status:
Active
For:
Sale
Price:
Expressions of Interest
Last Updated:
01/04/2020
Icon building

Property Type

Retail
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Land Area

462 SQM
Icon size

Floor Area

79 SQM
Icon parking

Parking

N/A

Approved Development – 2 Shops & 4 Apartments With Holding Income

Ray White Commercial proudly presents this outstanding opportunity to secure a dual frontage property with approved plans for a mixed use development consisting of two retail shops and four spacious apartments with six car accommodation.
Located in the heart of Upper Ferntree Gully's retail precinct with fantastic exposure to Burwood Highway and ample street parking. All the infrastructure is here with bus & train stations across the road. High passing traffic on Burwood Highway will ensure this development is a success.

• Zoning | Commercial 1
• Return | $21,630 pa net
• Land area | 462m2*
• Rear access
• Approved planning permit
• Holding income whilst you undertake pre-sales
• Apartments - 4 with sizes ranging from 83.96m2* - 88.95m2* + balcony
• Retail shops - o Shop 1 | 74.76m2*
o Shop 2 | 74.71m2*

*approx.

For more details, please email agent

Ray White Commercial Diston Asset Services

1-3 Rooks Road, Nunawading, VIC 3131


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