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12-14 Johnson Street
A GOLDEN OPPORTUNITY!
Crabtrees are pleased to offer for sale by Public Auction this golden development opportunity prominently located in Oakleigh.
Key features include:
+ Zoned Commercial 1
+ Substantial corner site of 892m²*
+ Huge potential for multi-level development (5+ levels STCA)
+ 4 shop/office tenancies totalling 534m²* plus additional land
+ Potential fully leased income of $100,000 per annum net
+ Major activity centre
+ Highly successful apartment location
+ Strategic development opportunity
+ 2 street frontages
The property is located adjacent to the Oakleigh Railway Station and Oakleigh Shopping Centre which provides substantial amenity and is easily accessible by road with both exposure and almost immediate access to Warrigal Road. Moments from Chadstone Shopping Centre with direct access to both the Monash Freeway and Dandenong Road.
This is a very rare opportunity to secure a landmark site with the opportunity to either hold and collect the income or to develop almost immediately.
Terms: 10% deposit, balance 60 – 90 days.
AUCTION FRIDAY 16TH NOVEMBER AT 1PM ONSITE
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.