Apartment for sale
52 Holmes Street,
Brunswick East, VIC
10 4 0
EOI $3,200,000-$3,500,000 Closing 17/10/19 @ 5pm
INVEST TODAY WITH OPTIONS FOR TOMORROW !For Sale by Expressions of Interest, Closing Thurs 26th September at 5pm.
Prominent commercial freehold, situated in this rapidly evolving residential and lifestyle precinct. Boasting excellent scope for future redevelopment into a residential and retail complex (STCA), this superb site features 20m frontage to Holmes Street, together with rear access via ROW plus options to explore air space.
KEY PROPERTY FEATURES:
- Land Size - 773 sqm (approx.)
- Commercial 1 Zoning
- Building Area approx 1220 sqm, substantial 2 level building with exposure
- Direct street front to Holmes Street and rear access via ROW
- Existing rental income of $121,227 pa + GST (approx.)
- 2 existing leases to established tenants, until early 2021
- Current zoning provides options for a 4 level residential/retail mix building with potential dispensation allowance to 6 levels (STCA).
- An exciting redevelopment opportunity with value-add scope OR future proof investment hold not to be missed!
For all property enquires, to arrange an inspection or to request a copy of contract documents, please contact Robert Enes on 0432 088 874 from Nelson Alexander.
Last updated: 02:40PM on Sep 25th 2019