3 x High Profile Showrooms With Upside
Ray White Commercial proudly presents this rare opportunity to secure this prime corner allotment consisting of 3 Showrooms in the admired Heathmont Retail Zone.
Showrooms 2 & 3 are currently leased to the renowned Ascot Bathroomware which is a family run business that has been in trading for in excess of 30 years.
Showroom 1 is currently vacant, which offers flexibility to the purchaser to occupy or lease out.
The property is zoned Commercial 1 coupled with high exposure to Canterbury Road, ample car parking and rear laneway access will allow the astute investor/future developer to add value with a mixed use redevelopment (STCA) or lease out the remaining showroom with properties of this calibre hitting the market being few and far between.
The site boasts the following features:
• Zoning | Commercial 1 (C1Z)
• Total building area | 841sqm*
Showroom 2 & 3 Returns $144,000 pa net
Showroom 1 Vacant - Estimated Rental $55,000 pa net
• Land area | 1,109m2*
• 3 Showrooms - 3 Titles
• Rear laneway access
• Ample street car parking
• Mixed use development potential (STCA)
• High profile corner
• Buy in one line or individually
*approx.
Showrooms 2 & 3 are currently leased to the renowned Ascot Bathroomware which is a family run business that has been in trading for in excess of 30 years.
Showroom 1 is currently vacant, which offers flexibility to the purchaser to occupy or lease out.
The property is zoned Commercial 1 coupled with high exposure to Canterbury Road, ample car parking and rear laneway access will allow the astute investor/future developer to add value with a mixed use redevelopment (STCA) or lease out the remaining showroom with properties of this calibre hitting the market being few and far between.
The site boasts the following features:
• Zoning | Commercial 1 (C1Z)
• Total building area | 841sqm*
Showroom 2 & 3 Returns $144,000 pa net
Showroom 1 Vacant - Estimated Rental $55,000 pa net
• Land area | 1,109m2*
• 3 Showrooms - 3 Titles
• Rear laneway access
• Ample street car parking
• Mixed use development potential (STCA)
• High profile corner
• Buy in one line or individually
*approx.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.