GormanKelly is pleased to offer 1096 Doncaster Road, Doncaster East for sale via Auction, scheduled for Wednesday 20th March at 12 noon.

Erected on site is a single storey residential building constructed circa 1960s that has been converted for office use.

The allotment measures 727m² approx. with generous front and side parking, including older style weatherboard residence and garaging.

We believe the most outstanding aspects of this property include:

* 3 year lease to Paramount Insurance Brokers Pty Ltd (no options + Demolition Clause)
* Income $61,582 per annum plus outgoings & GST
* Long standing tenant of 20+ years
* 2 street frontages - combined frontage of over 56 metres
* Land area 727m²
* Zoned Business 2
* Future development potential (STCA) – ideal for office/retail development
* Adjacent Tunstall Square / 4mins to Westfield / 2mins to Eastern Freeway

1096 Doncaster Road is situated on the southern side of Doncaster Road between Elvie Street and Tunstall Square, some 18km east of Melbourne's CBD.

The property is adjacent to the extensive shopping facilities at Tunstall Square Shopping Centre including Coles Supermarket, four major banks, Australia Post, specialty shops and cafes.

There are extensive bus services within the surrounding area and the property enjoys excellent access to major arterials including Doncaster Road, Blackburn Road, Springvale Road and the Eastern Freeway.

The site is well served by a raft of local amenities and attractions, such as Doncaster East Secondary College, nearby parkland and Doncaster Shopping Town. A rare and highly prized opportunity to create a sensational contemporary multi dwelling redevelopment.