CPG are proud to offer this significant land holding located at 134 Taren Point Road, Taren Point. The opportunity is a 5 lot strata subdivision to be sold in one line sitting on a total land area of 2,695m²*. With strong B5 Business Development zoning attracting bulky goods and specialised retailers looking for showrooms, the site also benefits immensely from a shared driveway creating easy access for customers and deliveries, a true luxury on Taren Point Road.
With a variety of short term and long term leases in place, the opportunity is suitable for both owner occupiers looking to occupy part and/or investors seeking a free hold property with future development upside. Currently leased to highly reputable and national businesses such as Bridgestone Tyres, Shire Bath Ware & Opal Lighting.
Key Features Include:
• Passing income of $407,375.88 pa + GST
• Land area of 2,695m²*
• Building area of 1,559m²*
• 5 lot strata subdivision
• Suitable for owner occupiers, investors and developers
• Opportunity to increase rental income with month to month tenancies
• Future development upside
For further information or to arrange an inspection, please contact selling agents Damen Astey on 0431 817 616 or Hayden Bennett on 0477 665 455.