Zoned Mixed Housing Suburban on three titles, investors, developers, commercial, business or simply a home buyer, you must view this iconic property which is currently operating a clothing retail store, with two separate residential bungalows and a commercial workshop, originally a bakery.
You immediately have the benefit of earning income, plus there is opportunity for a commercial or residential venture utilising the existing character brick workshop. Prime location in a popular school zone for families, handy to Newmarket and the CBD and quickly to the airport, ticks many boxes for savvy investment and development.
The owners are relocating and will sell to suit your needs so you have options:
One four bedroom bungalow with two kitchens, two bathrooms plus one brick retail store on half share of 829 sqm
One character brick workshop (ex bakery) on half share of 829 sqm
One three bedroom bungalow, with office, parking for two vehicles on 417 sqm
One four bedroom bungalow, one brick retail store, one character brick workshop (ex bakery) with parking for up to ten vehicles on 829 sqm
Two bungalows, one brick retail store and one character brick workshop - total area 1246 sqm
Rental Assessments (Appraisals available)
592 Mt Albert Rd
Four bedroom, two kitchen, two bathroom house, two car internal garage (December 2016) $850 per week
Workshop (May 2015) $480 per week
Retail Store (May 2015) $600 per week
594 Mt Albert Rd
Three bedroom, one office house, off road parking for two vehicles (December 2016) $635 per week
Selling now so get in quick for this wonderful investment/development opportunity
Note:- Due to business, easy parking is available nearby on Rowan Road or Hillsborough Road
Tender closes 4:00 p.m. Thursday 11th May 2017.