Ray White Commercial Ferntree Gully is proud to present For Sale by way of Expression of Interest Closing Tuesday 01st of October at 5pm, a high profile corner block in Bayswater's busiest retail section. With views to the Dandenong Ranges, this property represents an excellent opportunity for a retail and apartment development (STCA).

A very high rate of passing traffic coupled with the prominent location assures maximum exposure with 36m* street frontage of Mountain Highway and 48m* on Valentine Street.

The existing building offers a net internal area of 556sqm* with three (3) phase power, significant retail, storage and office areas as well as eleven (11) dedicated parking spaces returning $185,000* Per Annum + GST and Outgoings.

Eastlink can be accessed in under ten minutes and Bayswater Train Station is walking distance from the site.

Property Features Include:-

- Land Area: 1,398sqm*
- Building Area: 566sqm*
- Street Frontages of 36m* and 48m*
- Net Rent: $185,000 Per Annum + GST and Outgoings
- Freehold Title
- Development Potential (STCA)
- Potential Future Uses Include: Childcare Centre, Retail Shops
- Medical Centre an Apartments (STCA)
- Dual Street Frontage and Rear Lane Access
- Three (3) Phase Power
- High Profile Position
- Walking Distance to Bayswater Train Station
- 4.3km* to Eastlink
- 35km* to Melbourne CBD
- Commercial 1 Zone (C1Z)

* Approximate

* Subject To Council Approval (STCA)

To arrange an inspection or to obtain a copy of the information memorandum and legal documentation, please contact Mitch Rosam or Paul Waterhouse.