Tremendous opportunity to secure this prime Church Street property that offers a possible income stream from the partly fitted out restaurant and residence and potential redevelopment from the vacant land currently used as parking.
Shop previously leased for $56,000 per annum, council rates $3,000 per quarter approx, water rates $150 per quarter approx + usage .
Total site area is 651.3 sqm, F.S.R. 3:1 and a flexible B4 mixed used zoning.
To be sold vacant possession this is an excellent investment with a twist.
Inspect by appointment
To be auctioned on site Friday 29th August 2008 at 11.00 am