PRIME DEVELOPMENT - READY TO BUILD

Ray White Commercial Oakleigh is delighted to present 207 High Street Road, Ashwood to market by way of Private Sale.

An exciting opportunity in the thriving suburb of Ashwood is offered for sale with vacant possession. This property presents an exceptional opportunity for development or as a ready-to-use commercial and residential space. Located in the sought-after suburb of Ashwood, this property boasts 274m2* of commercial 1 zone land, allowing for a three-story development with immense potential.

For Developers:
Save time and effort with approved plans and permits for a three-story development. The property features one (1) retail shop facing High Street Road, providing excellent exposure, and five (5) residential units behind with convenient side street access. The strategic location within the thriving Ashwood area ensures a high demand for such a development.

For Owner-Occupiers:
If development is not suitable for you, the current free-standing building is a two-story structure. It consists of a food preparation-ready 50m2* retail shop front facing High Street Road, ideal for establishing your own business presence. Additionally, a spacious 100m2* 3-bedroom residential unit at the rear offers comfortable living quarters for owner-occupiers.

For Investors:
This property presents an attractive opportunity for investors, offering potential dual income streams within the South-East corridor of Metropolitan Melbourne. The combination of a retail shop and a residential unit provides a diverse range of tenants and maximises rental potential.

Convenient Location:
Strategically positioned within the South-East corridor of Metropolitan Melbourne, this property enjoys excellent connectivity. Easily accessible via major routes such as Warrigal Road, Huntingdale Road, and the Monash Freeway (M1), the property is just a few minutes drive away. Residents and tenants will benefit from seamless transportation options and proximity to amenities, services, and recreational facilities.

Priced to Sell:
Don't miss out on this fantastic opportunity. The property is attractively priced to sell, offering immense potential for developers, owner-occupiers, and investors alike. Act quickly to secure this prime investment before it's gone.

Contact us today to arrange an inspection or for further details.

Property Features:
• Total land area | 274m2*
• Existing building area | 150m2*
• Proposed building area | 771m2*
• Plans & permits for one (1) retail shop & five (5) townhouses.
• Great exposure to busy High Street Road.
• R.O.W. on the north and west side.
• Outstanding opportunity for Developers.
• Commercial 1 Zone (C1Z)

Inspection times:
Private inspections available on request

For further information, don't hesitate to get in touch with one of the exclusive marketing agents:

George Kelepouris | 0428 798 677
Simon Liang | 0451 954 318

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information provided, but this does not constitute any representation by the Vendor or Agent.

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.

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