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Fully leased future development site

33-35 Anzac Road, Browns Bay

Industrial Buildings
gavel

Auction

Floor area
740m2
Land area
1346m2
Title type
Freehold
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Map

Property details

Listing # 1692450 | Listed on 13 April 2022

• Freehold investment opportunity with future development upside

  • Two adjoining sites of 1,346sqm (more or less) fee simple land
  • Zoned Business - Town Centre with 18-metre height overlay
  • Returning a holding income of $209,616.72 pa net + GST
  • Opportunity for add-value investors and developers

Two adjoining sites represent a rare opportunity to secure a fully-leased investment with future development upside in the heart of Browns Bay village.

Located in a prime position close to public transport, shopping and eateries, New World and Countdown supermarkets. Browns Bay beach is just 300 metres away.

The subject property is leased to two tenants returning $209,616.72 pa net + GST.

This is a prime opportunity for add-value investors, owner-occupiers and developers.

Enjoy the holding income and develop in the future.

Call now for further details

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