Located on the fringe of Liverpool’s rapidly expanding South West region, the site offers main road exposure in the Middleton Grange area. Currently leased with the potential to be re-developed into 4 shops as indicated in the drawing.
Main features:
Land area: 1260sqm
Zoning: R1
Exisiting building area: 450-500sqm (approx)
Currently leased: $60,000pa + GST + water rates
Outgoings/council rates: $8,000pa
Main road exposure
Potential re-development (subject to Council approval)
4 x 103sqm shops
23 parking spaces
Expected income: $150,000 – $160,000pa + GST
Permitted under zoning R1 (subject to Council approval)
Neighbourhood shops – bread, milk, small goods etc
Post office
Bank
Newsagency
Doctors surgery
Dry cleaner