Here we have a vacant property that holds a magnitude of possibilities mixed with an owner who has thrown his hands in the air, and told us to do what it takes to get the property sold! I know you hear this pretty regularly, but opportunities like this do not come along every day, so don’t delay. An inspection is a must whether you are looking for an ideal spot for your family home and/or business, a potential commercial property or an A1 development site on 496sqm with two street access, (Doggett St through to Midvale Lane.)
The current property needs some work, but recently had an engineering business operating from the premises, leasing for $37 500 pa + GST in its current condition. It features a reception room, four separate offices, filing or lunch room plus kitchen and bathroom facilities. There is also a caretakers flat attached to the rear of the property with a paved courtyard, kitchenette and bathroom.
From a development point of view, the site has plans drawn for a three level unit development, (no DA,) that featured 6 x 2 bed, 2 bath, 2 car units, all with city views and rear street entrance. The owners have had a last minute change of mind, and are no longer in the position to go through with the development so their loss is your gain!
The two street access allows the perfect home business situation, as you can access the house from Midvale Lane, while gaining maximum exposure on Doggett St, plus everything James St has to offer only a 500m stroll away. This relatively untouched property is one of very few left that have this much potential and only imagination holding you back, so register your interest immediately.
At the end of the day, the three most important things to consider when buying property is Position, Price and Potential and this property will impress on all fronts. With a position second to none, and more potential than you could possibly hope for, all that’s left is for the price to be right – and our owners are 100% committed to sell, put your offer forward today.