Property ID: 13456405
68-72 The Entrance Rd, The Entrance presents a unique opportunity to acquire this fantastic freehold investment.
Whether you are an investor or a developer, this property presents a great opportunity with fantastic upside potential in a prime location.
This two-story freestanding property has a total floor space of approx 850m2, comprising of 8 shops on the ground level (arcade) and a further 8 commercial offices on level 1 (accessed via an internal ramp).
The total land size is approx. 627m2, with dual street frontage and ample parking at the rear.
o Title: freehold
o Land area: 627 m2 approx
o Total floor space: 850 m2 approx
o Land zoning: B2 local centre
o Land Use: Commercial and residential
The astute investor or developer will recognise the future potential that could include shop top housing , strata the building and/or widen one of the light shafts and install a lift.
Properties like these rarely come to market, don’t delay !
Call Andrew Dunn for an IM and/or to arrange an inspection.
|Building / Floor Area||850 sqm|
|Council Rates||$13,912.00 per annum|
Raine & Horne Commercial knows local and regional property markets intimately, with the support and systems of a long-established national and international property group. Our clients benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.