Deadline sale: Closes on Thursday 31 July 2025 at 2:00PM (unless sold prior)
Freehold land of 540m? with an existing building of 138m?
Currently tenanted by three businesses, generating $62,000 + GST p.a.
Rents have remained significantly below market rate for years, offering clear upside potential
CV $2,350,000 as 1 May 2024
Both properties are zoned Business ? Local Centre, enabling a wide range of commercial and mixed-use development opportunities. Located just a short walk to Meadowbank Shopping Centre, this is a prime opportunity for redevelopment, land banking, or add-value investment.
KEY FEATURES:
Combined Freehold land area of 1,040m? across two titles (more or less)
Established rental income of $62,000 + GST p.a. (from retail/street-front tenants)
Favourable Business ? Local Centre zoning for flexible development options
On-site parking available
Opportunities like this are seldom available. The owner has revised his plans and is now offering this exceptional site for sale.
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