Dual Titles, Dual Access

Other - McCrae VIC

Unlock the potential of this prime opportunity in McCrae- Commercial 1 zoned property, set on 498sqm across 2 Titles with dual access in an up-and-coming boutique commercial precinct. Enjoy excellent exposure with steady passing traffic and convenient off-street parking, just 650m from the Freeway exit. Currently improved by a substantial two-storey residence with a self-contained studio, offering potential rental income while you plan your future commercial development (STCA). The enclave is about to bloom, with plans for a dental clinic and shop front under way for the nearby vacant allotments (STCA). A superb investment or development opportunity in a promising growth area.
• Dual access site of 498sqm, fronting both Bayview Road & Cowley Street
• 2 Titles
• Commercial 1 zoned
• Current 3 bedroom, 2 bathroom house + self- contained studio with potential residential rental of $640 – $660 per week.