An incredibly rare opportunity to secure a freehold shop within a tightly held local commercial strip - a strategic landholding with genuine flexibility and upside.
Property Highlights: - Freehold title in a boutique, highly sought-after commercial pocket - Land area: 123m²* with rear laneway access - Commercial 1 Zone - neighbouring three-storey developments (STCA) - Well-exposed corner position with strong street presence - Sold with flexibility: subject to periodic lease returning $23,400 PA, or vacant possession available
The Location Advantage: Positioned in close proximity to the transformative Pentridge residential and commercial redevelopment, Coburg Lake, the thriving Sydney Road retail precinct, and local retail amenities - this is a landholding in a precinct on the rise.
Who Should Consider This: - Owner-occupiers seeking a rare freehold commercial space - Investors looking for secure income with long-term capital growth - Developers eyeing future potential in a Commercial 1 Zone with established development precedent
Opportunities like this rarely surface. For further details or to arrange an inspection, contact Omar Morsi 0432418089.
*Approximate*
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