Exceptional Development Site or Investment Opportunity in a Blue Ribbon Location

Set in a sought after location opposite Beverly Hills Railway Station and just seconds to Beverly Hills thriving restaurant strip, this impressive 619.7m2 corner site represents an ideal and rare opportunity for either a developer looking to build a mixed residential / commercial development, or investors looking towards the future.

Currently used as 3 separate shops and 3 separate residential home units, which are always highly sought after by prospective tenants.

Located close to M5 and just off King Georges Road, this is a great opportunity for an owner occupier looking for premises to run their business from, and receive a high rental return from the remaining properties.

Current potential rental return approximately $94,000 gross per annum (exclusive of GST)
Developers will be suitably impressed as well, with current zoning allowing for a mixed commercial / residential zoning on the site (STCA).

Contact Gavin Sharp on 0411 725 812 for further details.

This is a rare offering and will sell quickly.

Property ID: 641525