241-247 Broadway,
Reservoir, VIC 3073

Development Sites & Land • Shops & Retail

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LANDBANK FOR THE FUTURE

HUGE FUTURE DEVELOPMENT POTENTIAL (STCA)
HUGE CORNER SITE OF 1,161 SQM (APPROX.)
SECURE INCOME STREAM

Huge future development potential (STCA) for a substantial mixed use development comprising apartments and retail component which exploits the property's multiple street frontages

* Fantastic urban growth location
* Commercial 1 Zoning in busy shopping strip with adjacent public parking
* Well serviced by public transport with Reservoir train station within easy walking distance
* La Trobe University just 12 minutes bus ride away
* Site Area: 1,161 sqm*
* Dual street frontage of 68.8 metres* plus rear laneway
* Current Income: $38,675 pa*
* Five (5) year lease commencing December 2015
* One further term of five years

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*approx.

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Property ID: 502939654Last Updated: 28 Nov 2018

04173093...

241-247 Broadway

Reservoir, VIC 3073

04173093...

Detailed listing

Allard Shelton - MELBOURNE

Level 3, 267 Collins Street
MELBOURNE, VIC 3000

Joseph Walton
04173093...

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