Ray White Commercial proudly presents this rare opportunity to secure this prime corner allotment consisting of 3 Showrooms in the admired Heathmont Retail Zone.
Showrooms 2 & 3 are currently leased to the renowned Ascot Bathroomware which is a family run business that has been in trading for in excess of 30 years.
Showroom 1 is currently vacant, which offers flexibility to the purchaser to occupy or lease out.
The property is zoned Commercial 1 coupled with high exposure to Canterbury Road, ample car parking and rear laneway access will allow the astute investor/future developer to add value with a mixed use redevelopment (STCA) or lease out the remaining showroom with properties of this calibre hitting the market being few and far between.
The site boasts the following features:
• Zoning | Commercial 1 (C1Z)
• Total building area | 841sqm*
Showroom 2 & 3 Returns $144,000 pa net
Showroom 1 Vacant - Estimated Rental $55,000 pa net
• Land area | 1,109m2*
• 3 Showrooms - 3 Titles
• Rear laneway access
• Ample street car parking
• Mixed use development potential (STCA)
• High profile corner
• Buy in one line or individually
