An incredibly rare opportunity to secure a freehold shop within a tightly held local commercial strip - a strategic landholding with genuine flexibility and upside.
Property Highlights:
- Freehold title in a boutique, highly sought-after commercial pocket
- Land area: 123m²* with rear laneway access
- Commercial 1 Zone - neighbouring three-storey developments (STCA)
- Well-exposed corner position with strong street presence
- Sold with flexibility: subject to periodic lease returning $23,400 PA, or vacant possession available
The Location Advantage:
Positioned in close proximity to the transformative Pentridge residential and commercial redevelopment, Coburg Lake, the thriving Sydney Road retail precinct, and local retail amenities - this is a landholding in a precinct on the rise.
Who Should Consider This:
- Owner-occupiers seeking a rare freehold commercial space
- Investors looking for secure income with long-term capital growth
- Developers eyeing future potential in a Commercial 1 Zone with established development precedent
Opportunities like this rarely surface. For further details or to arrange an inspection, contact Omar Morsi 0432418089.
*Approximate*
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(We have obtained all information in this advertisement/document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own due diligence.)
