Mt Eden character on 1,247sqm land in DGZ


587 Mt Eden Road, Mt Eden

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Mt Eden character on 1,247sqm land in DGZ | 587 Mt Eden Road, Mt Eden | 1686892 |      X Close
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Mt Eden character on 1,247sqm land in DGZ


- High profile commercial investment property on 1,247sqm freehold land

- Zoned Business - Neighbourhood Centre and in Double Grammar Zone

- Returning $149,972 + GST p.a. from 4 tenancies with fixed rental growth

- Enjoy a diversified income stream with considerable development upside

A rare opportunity to secure a high profile Mt Eden investment property, underpinned by a large freehold land holding in Double Grammar Zone. This original return veranda villa has been refurbished and upgraded and now provides character office accommodation, in addition to a self-contained basement tenancy.

The property occupies a high profile position on Mount Eden Road and is underpinned by a 1,247 square metre fee simple land holding. This sizeable land holding along with the favourable Neighbourhood Centre zoning and Double Grammar Zone position brings a range of future development options. Either maximise the site and add to the existing buildings, land bank for the future or intensively develop the site.

Call now for further information.

587 Mt Eden Road, Mt Eden

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