659 High Street, KEW EAST VIC 3102
HIGH PROFILE RETAIL/OFFICE ON HIGH STREET
GormanKelly is pleased to offer 659 High Street, Kew East for sale by Auction on Thursday 17th October 2019, at 12 noon on-site.
This property presents the ultimate in commercial flexibility with the ability to either owner occupy or lease part of the premises now.
Ultimately, the property presents an excellent opportunity to develop with zoning that will allow for both residential and commercial outcomes (STCA).
We believe the most outstanding aspects of this property include:
â€¢ Two-level retail/office premises of 220mÂ² with large rear car park;
â€¢ Land area 292mÂ² / Zoned Commercial 1;
â€¢ Ground floor retail space of 109mÂ² plus first-floor office of 111mÂ²
â€¢ Potential estimated total rental income of approximately $70,000 per annum;
â€¢ First floor leased to DSL Consulting until June 2022, currently returning $30,050 per annum;
â€¢ Exceptional development potential with 7.7m* frontage to High Street and rear laneway access;
â€¢ Located in the heart of the Harp Village Shopping Centre.
PROPERTY TYPE: Retail
BUILDING AREA: 220.00 m2
PRICE: Contact Agent
CAR SPACES: 8
CONTRACT TYPE: sale
October 17 2019, 12:00pm