1389 Ferntree Gully Road, SCORESBY
overview
-
1P0345
-
Retail
-
Sold
-
473 sqm
-
2,266 sqm
Description
Prime Development Opportunity Commercial 1 ZONE
Situated on an outstanding 2266sqm approx., zoned Commercial 1 (C1Z), this impressive site promotes a vibrant mixed use development encompassing retail, office, business and entertainment, supplemented by a complementary residential development. Possible retail/residential, 4-6 level development (STCA).
Currently leased to the Red House Asian Kitchen, with a rental amount of nearly $100,000 per annum, developers are presented with the ideal offering benefitting from a securely leased, high yield retail holding delivering a steady income whilst plans and permits are obtained.
Perfectly positioned alongside Scoresby Village Shopping Centre encompassing Woolworths and local shopping outlets, Scoresby Recreation Reserve plus convenience to buses, nearby schools and EastLink Freeway.
Currently leased to the Red House Asian Kitchen, with a rental amount of nearly $100,000 per annum, developers are presented with the ideal offering benefitting from a securely leased, high yield retail holding delivering a steady income whilst plans and permits are obtained.
Perfectly positioned alongside Scoresby Village Shopping Centre encompassing Woolworths and local shopping outlets, Scoresby Recreation Reserve plus convenience to buses, nearby schools and EastLink Freeway.
gallery
