TWO LOTS, ONE TITLE, TWICE THE RETURN
Aston Commercial are pleased to offer 1103-1105 Riversdale Road, Surrey Hills for sale via Public Auction on Thursday 23rd February 2023 at 12 noon on-site.
Superbly located in the heart of Wattle Park Village is this unique and flexible offering that enables investors the benefit of dual income from two tenancies with separate street frontages across a single certificate of title.
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At an affordable entry level price point this exciting opportunity also as significant upside for a future development with a substantial allotment of land and flexible zoning allowing for the addition of residential apartments to the existing structure or repositioning the site into a newly built mixed-use development.
Property Highlights:
• Current combined income of $47,690 pa
• Land Area: 344 sqm*
• Dual street frontages to Riverdale and Park Road’s
• Great location close proximity to, Deakin University and Wattle Park
• Commercial 1 Zoning C1Z
A number of key buying fundamentals have been ticked. The blue chip location, strong holding income, dual street frontage and development potential make this an outstanding opportunity.
Please contact the exclusive sales agents to receive further information or to book an inspection.
*approx.
