Substantial Mixed Use Zoned Site


974 Dominion Road

Auction

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Substantial Mixed Use Zoned Site | 974 Dominion Road | 4108812 |      X Close
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Description

Substantial Mixed Use Zoned Site


* Favourable Mixed Use Zoning

* Large Freehold site of 4,974sqm on five separate titles

* Three road frontages - including vibrant Dominion Road

* Sought after and strategic city fringe location with ease of access to the CBD

* Partially tenanted providing holding income

* Family Trust cashes up - first time of the market for 50 plus years

Seldom does the opportunity arise to purchase a significant block of Mixed Use zoned land that provides such an array of options and opportunities to developers, investors and owner occupiers in a sought after city fringe location.

Complete with substantial exisitng buildings, this property has been tightly held by the same family for a number of years and is now offered seriously for sale.

Partially tenanted to a furniture retailer, providing holding income and options for a wide selection of purchasers.

This is an opportunity not to be missed!

Please contact the Vendor's sole appointed agents to receive full information on this property.

To be sold by Public Auction: 11am, Wednesday 5th March 2014 (unless sold prior by Private Treaty)

Tenancy Details:

Currently returning $155,000pa from a tenant who us leasing a portion of the property. This tenant has entered into an 18 month right of renewal from 1 March 2014 with a final expiry of 14 September 2015.

Full tenancy details are available upon request.