If you are after a commercial property opportunity, in a very achievable price range, that can offer a long term investment option, wash its face in the short term or offer sound development options going forward, then you need to look at this property on Meadowbank Road.

The commercial zoning provides for multi level development up to 13 metres, whilst the existing building will provide income from three to four commercial or retail tenants on the ground and possibly one or two commercial or residential tenants on levels one and two.

This vendor is keen to move on with his retirement plans and wants to see all realistic purchase offers.

• Transitioning area with high growth and high value changes
• Freehold 590m² site
• Present leasable area approximately 560m²
• Present holding income from just two tenants $46,800 p.a. net