This future development site which is zoned ‘Commercial’ under the Shire of Murray has two separate buildings on this corner 2025m2 site. Both are leased to provide a good holding income until development is required.
No GST payable as sellers not registered for GST
With Furnissdale to undergo a major transition to higher density residential development then the high exposure sites like these will be prime for subsequent development.
The leases are in place to December 2017. Indications are the tenants may want to stay on if they are offered longer leases, in the event you do not want the property for your own use.
The corner site allows good access. Also the corner premises has an accommodation unit on the upper floor.
The area has recently been activated by the construction of the new Shell Service Station diagonally opposite which is likely to be the start of more local activity.
Commercial sites with over a 45 metre frontage to Pinjarra Road are rare so be quick.
For more information please contact Petter Vetten on 0403 584 466, Your Local Commercial Agent , with Local Knowledge and National Strength.