This is a rare opportunity to purchase in excess of 1,500m2 of prime Commercial 1 land right in the middle of the busy Kangaroo Flat shopping centre. All shops currently let to 5 separate tenants. The property has 2 street frontages and is situated on 3 titles. This site features a substantial amount of vacant land ripe for future development (STCA). The development potential may include rebuilding and/or extending the existing shops. There is also room for a retail or office development at the rear fronting Smith Street or a combination including residential development is a possibility, naturally all subject to council approval. Kangaroo Flat is an extremely well serviced location with High Street having the highest traffic flow in the City of Greater Bendigo. Commercially many national tenants are within a 1km radius. This site has buses passing the front door, is within walking distance to the Kangaroo Flat Train Station and has a Primary School at the end of Smith Street. This is a magnificent investment opportunity in a prominent location.
(Note: building size quoted is an estimate only).
Terms: 10% deposit / balance 60 days
Zoning: Commercial 1
Please contact the listing agent for more information.
Note: ALL ENQUIRIES MUST INCLUDE A PHONE NUMBER
PHOTO ID REQUIRED AT INSPECTIONS
For more details, please email agent