50 East Street

Hadfield VIC 3046

Other

Currently for sale - view listing

Overview

Mixed Development Opportunity

Approved permits for 3 shops and 10 apartments! Positioned along a prominent commercial strip with excellent street exposure and convenient customer parking directly at the front, this freehold commercial property presents an outstanding opportunity for owner-occupiers, investors and developers seeking a versatile asset in a well-connected location. Currently configured as a long-established takeaway premises, the property features a generous retail frontage with expansive display windows, prominent signage opportunities and excellent visibility to passing traffic. The functional layout provides flexible internal space suitable for a variety of retail, food, hospitality, medical or professional service uses (STCA), offering purchasers the flexibility to occupy, lease or reposition to suit their business needs. Set on a substantial parcel with valuable rear access and additional land to the rear, the property also presents exciting future potential for redevelopment or value-add opportunities (STCA). The combination of high-exposure frontage, practical accessibility and flexible landholding creates a compelling investment in a tightly held and continually evolving precinct. Conveniently located amongst established local businesses and residential catchments, with excellent connectivity to major arterial roads and surrounding northern suburbs, this is a rare opportunity to secure a highly visible commercial property with immediate usability and exceptional long-term upside.