Located right in the heart of Upwey just a short stroll from public transport, shops and schools, this stunning character premisis offers a unique investment opportunity. Zoned Residential 1 the property has more recently been developed to include a huge commercial carpark (with parking for persons with a disability) and landscape gardening surrounding a renovated character premises. With further development opportunities, the property is currently securely let with relevant planning permits to operate a Medical Centre. The renovations to the premises have maintained the high ornate ceilings and period fireplaces servicing four consulting rooms with seperate bathroom and kitchen.
Current return including outgoings is $29,618 p.a Excl GST. Securely let until December 2012 with fixed increases and one further term of (3) years available.