For sale

Extremely Rare Long Term Investment Occupy Now - Rent Out - Develop

Albion 80 Lever Street

Property details

Chase Commercial is proud to present this outstanding owner occupier or residential development opportunity in the high growth suburb of Albion. Property features include:

* 2,446m² site zoned MDR Medium Density Residential up to 6 storeys*
* Up to 1000m² internal GFA and can be split into 3 tenancies with passing income
* Upwards of $100,000 passing income achievable
* 20+ on-site car parks with 60+ apartments to be approved
* Value add opportunity for retail use or land bank for future development

Located within 4km* of the CBD, this 3 tenancy metal clad office warehouse has been in the same family for over 60 years, with clear instructions to sell prior Christmas 2018. Suit owner-occupier/investor or value add developer wanting to land bank for future apartment cycle or develop now. Call Exclusive Chase Agents Rod Brown or Jordan Gentile for a private viewing today.

Category:Offices
Carparks:20
EOI Closing 19th December 2018
All prices exclude GST Subject to the provision of the Competition and Consumer Act 2010 and subject to any other non excludable statutory provisions, Chase Commercial Pty Ltd Trading As Chase Commercial for themselves and for the Vendors of this property for whom they act give notice that: (i) all information given in relation to this property whether contained in this document or given orally, is given without responsibility; (ii) intending buyers should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, enquiries, advices or as is otherwise necessary; (iii) no person in the employment of Chase Commercial Pty Ltd Trading As Chase Commercial, has any authority to make or give any representation or warranty whatever in relation to this property.

Consultant details

  • Rod Brown
  • Phone: 0413 879 079

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