Investors, builders, and developers take note, this is a rare opportunity to purchase a landmark property in a prime location (STCA)

Prime Location, Landmark Property with Huge Development Upside

Set on approx. 454 sqm block, this unique building offers two 4-bedroom, 1-bathroom apartments and two commercial shops.

Positioned in the tightly held market of Spotswood and within walking distance public transport, schools, cafes and direct access to the West Gate Bridge, this property presents endless opportunities for an astute buyer.

All properties within are currently leased - returns are as follows.

- 143 Hudsons Rd - (Commercial Office) - Lease term 5 years starting on the 1st October 2022, ending on the 29th September 2027. Current rental return per annum is approx. $30,900.

- 143A Hudsons Rd - (Residential Lease), lease term 2 years starting on the 6th August 2021, 2 years with lease ending 4th August 2023. Current rental return per annum is approx. $22,416.

- 145 Hudsons Rd - (Commercial Office) - Lease term 5 years starting on the 1st August 2019. Current rental return per annum is approx. $30,696.

- 145B Hudsons Rd-(Residential Lease) Lease term 12 months starting on the 20th December 2021. Current rental return per annum is approx. $20,856.

Please call for further information.