Fantastic opportunity to secure an exceptional corner development site of approx 1356sqm with a total street frontage of approx 49m to Old port road, 64m to Avro Avenue and 8 m to Lawton street. Being on 2 separate titles, on the corner of Old Port Rd and Avro Avenue, zoned district commercial this is an opportunity to own a large corner site on prominent Old Port Road which is currently giving a healthy rental return, or to redevelop into multiple townhouses/row homes (STCC).
1088 Old Port Road is currently disposed as a home and leased at $1750 per calendar month. The residence offers a solid brick home compromising of 3 bedrooms + study( running off main bedroom) perfectly positioned to turn into an ensuite. Also offering a large kitchen and dining area, separate lounge/family room, ducted a/c and secure parking with rear access. All located on an allotment of approx 815sqm with approx 18 meters to port road, 17m to Avro avenue and 8m to Lawton Street. .
1090 Old Port Road offering approx 541sqm currently operates as a car yard situated directly on the corner of Avro Avenue and Old Port Road with a return of $2200 per calendar month. With an enclosed office space with two offices, with A/C and toilet and vanity, with a larger undercover veranda.
Don’t hesitate any longer. The market is turning for the better as today’s decisions turn into tomorrow’s profit.

RLA 212749

For further details please contact Kris Papagiannis 0421 620 308 or Miki Jokic 0422 348 447 or 8353 3000