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580 Glen Huntly Road Elsternwick, VIC 3185

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580 Glen Huntly Road,
Elsternwick, VIC 3185

Shops & Retail • Development Sites & Land • Offices

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Golden development opportunity in the heart of Elsternwick's prime retail area

  • Multi-story development opportunity
  • High traffic precinct
  • Generous 268sqm land size
Inspection By Appointment.

A versatile development opportunity has become available in one of Elsternwick's busiest streets with the potential for 5 apartments plus shopfront. (STCA)

Boasting strong exposure and convenience, the existing double storey brick building offers
high potential for both residential and commercial opportunities.
The ground-level currently comprises a spacious commercial set-up ideal for a restaurant or
cafe, and through a separate entrance upstairs, a private 2-bedroom apartment
complete with kitchen and well-lit bathroom with bathtub. The property also includes
laneway access and a secure double garage.

- Multi-story mixed use development opportunity (STCA)
- Generous 341sqm building size (approx.) and 268sqm in land size (approx.)
- Strong retail location with high public exposure
- Convenient access to public transport (close proximity to Elsternwick Railway Station
and tram lines)
- Freedom to lease out or self-occupy
- Approximate rental return of over $50,000pa plus GST and all outgoings
- Commercial 1 Zone (C1Z)

Property ID: 502626038Last Updated: 25 May 2018

04669688...
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580 Glen Huntly Road
Elsternwick, VIC 3185
JRW Property International - Glen Waverley
73 Railway Parade North
GLEN WAVERLEY, VIC 3150

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