121-125 Meadowbank Road, Meadowbank

Sold August 2021

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583m² Floor Area
509m² Land Area

MOTIVATED VENDOR IS CLEAR - SELL IT!


If you are after a commercial property opportunity, in a very achievable price range, that can offer a long term investment option, wash its face in the short term or offer sound development options going forward, then you need to look at this property on Meadowbank Road.

The commercial zoning provides for multi level development up to 13 metres, whilst the existing building will provide income from three to four commercial or retail tenants on the ground and possibly one or two commercial or residential tenants on levels one and two.

This vendor is keen to move on with his retirement plans and wants to see all realistic purchase offers.

  • Transitioning area with high growth and high value changes
  • Freehold 509m² site
  • Present leasable area approximately 560m²
  • Present holding income from just two tenants $46,800 p.a. net

Property details

Location:
121-125 Meadowbank Road, Meadowbank
Land area:
509m²
Property ID:
85715

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