Bexley

707 Forest Road

Building: 1265 SQMLand: 1265 SQM

SOLD - Undisclosed

Rare Offering! Endless Possibilities! Redevelopment Potential (STCA)

Take advantage of this incredible investment opportunity in Bexley. Situated in a prime location, Maine road exposure shopfront with excellent high-traffic visibility, this mixed-use property boasts tremendous potential for redevelopment (STCA), also providing four stable income sources consisting of two factory units and 2 x 2 bedroom residential units with ample parking. This outstanding opportunity should not be overlooked.

KEY FEATURES:
-Two factory units and 2 x 2 bedrooms residential units with apple parking.
-Land Area: 12.29/36.58XIRR/62.97 (1,265 sqm* - Zoned R 3 Residential

TENANCY INCOME: Passing rent: $113,676.20 PA

- EXPENSES YEARLY APPROX:
* Water Rates - $2,080.00 * Council Rates - $6,891.00* Insurance - $3,140.49

For further information or to inspect the property please contact George Karafotias 0405 436 336

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