$1,400,000 - $1,480,000

First time offered in several decades with huge upside with Activity Zoning (ACZ1) residential and other use development potential supported by the wide rear lane via Mann Place.

Superbly located on high traffic major retail and services strip moments from the Sunshine Transport Super-Hub planned as the future of Melbourne Airport Rail Link.

Rental Income___

252A&B: $53,844 inc GST

The tenancies are rolling on a month to month lease with options for owner occupiers to move in or scope for rental increases.

A: $2334 per month on periodic tenancy
B: $2153 per month on periodic tenancy

Strategically zoned Activity Centre 1 promoting high density, mixed residential/commercial development in one of the four major National Employment and Innovation Clusters under Plan Melbourne 2017-2050.

_Double Shop on One Title.
_Building & Land Area 222m2 approx.
_Huge Upside with rear access via Mann Place.
_Currently set up as Hairdresser & Restaurant.
_Opportunity to remodel as one large shop.
_Ample parking nearby via rear parking and Sunshine Shopping Centre.
_Zoned Activity Centre Zone - Schedule 1.
_Add value through Residential apartments or multi level offices. STCA.
_Rare Vacant Possession Possibilities.

DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020