Commercial premises: Zoning E1.
Land size: 613 sqm.
Leased Spaces: 51m2 -$400 per week, 18m2 -$200 per week.
Vacant space: 74 m2 (unrenovated).
Heritage-listed property. Former Power House C. 1925.
Instant rental income: Two spaces already leased with a combined annual income of $31,200.
Potential for expansion: 613 m2 of land size provides room for growth or redevelopment and provides plenty of parking.
Heritage charm: Preserving the historical character adds unique value.
Investors: Secure a steady income with existing leases and unlock the potential of the unrenovated space.
Business owners: Establish or expand your venture in a distinctive heritage setting.
Developers: Capitalise on the E1 zoning and heritage appeal of a valuable project.