- Rezoning allows for development up to 21 metres
- 747m2 of internal office and retail spaces
- 10 units within the complex, fully leased to 9 tenants
- Stable long term tenants
- Future upside potential due to changes in zoning codes
- Excellent onsite and street parking
- NET income $136,072.32
With the resurgence of development in the Redcliff area, Margate is drawing attention from savvy investors. Recent re-zoning certainly means the potential for future development. It is located in an excellent position within the Margate shopping precinct. Good tenants contribute to making this an opportunity worth investigating.
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Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.