•Premium freehold site

•Split-risk tenancies

•Development potential

•High growth location

This premium landmark property is located in a high-profile position at the heart of Clevedon Village, and is one of only a select few business-zoned properties on the main street.

On the market for the first time in many years, the 1940's commercial building provides a split-risk investment with four tenancies, with a net income of $81,200 per annum, plus GST.

The heritage road-front building contains a lettable area of some 120sqm, with development potential available on the rear portion of the 408sqm (total) freehold site, which is pleasantly situated bordering a reserve on the northern boundary.

Clevedon is a popular growth area with significant development already underway. It has become increasingly sought-after as a residential/lifestyle destination, and as the area expands with limited sites available for commercial development, this property offers an exceptional opportunity.

Properties of this nature are tightly held and seldom come to the market. Don't miss out on this one!