$1,205,000

City Realty is pleased to bring to the market this fantastic opportunity to secure a long held property in the heart of a popular and bustling commercial precinct between Stephens Terrace and Portrush Road, Maylands.

Currently the site of the well known local business 'The Frame Factory', this sale is subject to vacant possession to allow the successful purchaser the opportunity to develop (STCC) the site for a higher use or occupy on an as is basis with an eye to future opportunities.

Best framed by a few key points, we draw your attention to:

* Blue chip suburb and proven business location
* Excellent development opportunity for an owner occupier or developer
* Multiple industries attracted to the location, de-risking future development
* 24,500 Motor Vehicles passing daily (last estimate: 2019)
* 800m walk to The Parade, Norwood
* 500m walk to Republic Norwood
* Close proximity to the CBD by Car, Bus or Foot

Key Site Details:

* Magill Road Frontage: 12.19m (per Site Plan)
* Site Depth: 45.72m (per Site Plan)
* Land Size: 560m2 (approx.)
* CT 5435/195
* FP 134770 A19
* Zoning: Suburban Main Street

*Council Rates: $1,166pa
*Water Rates: $188.21pq

For further information please contact Cameron Garry on 0458 427 792.

Disclaimer:
This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.cityrealty.com.au | RLA 262 481