Land Area: 645sqm (more or less) freehold site
Location: Prime location on corner of Gloucester & Girven Roads opposite Bayfair shopping centre
Passing Income: $36,897 per annum + GST and outgoings until Final Expiry October 2025
Zoning: Residential Zoning with existing consent for Office Use
Calling all developers and owner-occupiers! An outstanding opportunity directly opposite the Bayfair shopping centre to own a prime corner site on the intersection of Gloucester and Girven Roads.
Currently zoned residential with a consent for office use, this property provides a healthy holding income of $36,897 + GST and outgoings to an established tenant until the final expiry of the current lease in October 2025. This will provide a new owner with a multitude of options to take advantage of the upside this high profile, 645sqm corner site presents.
Call Ryan or Brendon for a full information pack today.