Floorplan
Due Diligence Checklist
Request Section 32
Expression of Interest Closing Wednesday 25 September at 2.00
Seize this unique opportunity to invest, occupy, landbank, or develop in one of Blackburn’s most sought-after central locations, directly opposite the main transport hub. This prime property spans two separate titles, offering a combined land area of 714 m².
Key Features:
• Land Area: 714 m² (2 separate titles)
• Gross Building Area: 1,184 m² (approx.)
• Gross Lettable Area: 624 m²
• Zoning: Commercial 1, DD-08
• Car Spaces: 22 undercroft parking spaces
Investment Highlights:
• Potential Income: $170,000 p.a.* (*approx. fully let.)
• Current Income: The property is currently 50% leased, generating $90,000 p.a. net with a lease expiring on 28-2-2026, including a 3-year option.
This property offers incredible potential for investors looking for a secure income stream, businesses seeking a prime central location, or developers aiming to maximize the value of this rare landholding. Don’t miss out on this exceptional opportunity to secure a versatile asset in a thriving commercial precinct.
Information Memorandum available on request which includes a schematic concept for a proposed development option by renowned architects DP Toscano.
For further information and inspections please contact
Cameron Way 0418 352 380
John Piccolo 0408 102 050
Julian Badenach 0414 609 665.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management