Golden opportunity

Presenting a strong foundation for today and well into the future, unlock the powerful potential of this wide-ranging opportunity over a vast 1,031m2 (approx.). Take full advantage of this huge block on the one title, all underpinned by a high-demand GR5 residential zoning.

Inviting fresh ideas, the choice is yours. Capitalise on the high investment potential of the existing residential and commercial arrangements, or start afresh with the chance to piece together a multi-level, multi-residence development (STCA) in a sought-after location. Boasting a far-reaching frontage of 30.4m with a depth of 33.92m (both approx.), the attractive dimensions will supercharge your imagination.

Whatever path you choose, there is plenty to work with here. A medical centre is currently trading at 177, a restaurant at 179 has recently closed, while at the rear, a rented 4 bedroom home spreads out in an elevated setting. All the residences are capable of generating secure income while your grand plans are prepared and finalised, subject to council approval.

• Favoured GRZ5 zoning
• One residential and two commercial operations
• Rear unit includes 4 bedrooms with BIR, a two-way bathroom, lounge, kitchen, laundry, heating/cooling, courtyard and 3 undercover car parks
• Front retail outlet comprises heating/cooling, powder room and car parking
• Medical centre has a reception, 4 treatment rooms, kitchen, 2 WCs and 6 dedicated car parks
• Combined potential return of approximately $115,000 per annum

Moments from Wheelers Hill Shopping Centre and the lush greenery of Jells Park and Monash Gallery Reserve, enjoy easy access to the Monash Freeway, Brandon Park Shopping Centre, leading schools, Wheelers Hill Library and Mulgrave Country Club. It all adds up to an outstanding lifestyle choice.

For more information, please contact Eric Lim today.

3 x LITTLE THINGS WE LOVE

1. Wheelers Hill Shopping Centre

Across the road from Woolworths and more

2. Multiple Bus Routes

Footsteps to public transport in all directions

3. Monash Freeway

Short drive to the city and EastLink


Disclaimer:
Little Real Estate has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Little Real Estate toward the recipient with regard to the use of this information and all information given is given without responsibility.