This substantial property offers excellent improvements on a large land holding with ample future upside via rental growth and more importantly, future development (stcc).
The property has extensive frontage to both Magill Road and Penfold Road and is located in a well established precinct with ample shopping facilities just a stone throw away.
Key features include:
-Substantial land holding of 2,305sqm (approx) across 3 titles
- Further development potential (stcc) and rental upside
-Prime location in a well established and vibrant precinct
- Building improvements of 610sqm (approx)
-Frontage and access from Magill Road and Penfold Road
-Fully leased to 3 quality tenants providing valuable holding income.
-Ample parking at rear
The property is offered for sale by negotiation.
RLA 231015