Situated in the thick of the action along Albany Hwy, 697 Albany Hwy is a rare offering and provides buyers with a an affordable entry point into this tightly held precinct. The property resides in the sought after District Centre Zone offering excellent flexibility for both use and future development. This stretch of Albany Highway enjoys ongoing development and the property is just metres from the new "Vic Quarter" which is nearing completion.

697 Albany Hwy comprises a green title 470sqm block and the existing 380sqm single level building provides functional retail / showroom accommodation as well as a prominent facade and signage opportunities to Albany Hwy. Rear Right Of Way access is a significant bonus and important to any future use or redevelopment aspirations as well as a permitted two level building height at the street front with a possible third level with setback at the rear. Medium density residential development is also possible to an R60 density. Sold with vacant possession the property is highly suited to owner occupiers however provides investors an opportunity to secure property within this tightly held precinct.