211 Unley Road (Cnr Cremorne Street), Malvern

A STRATEGICALLY POSITIONED TORRENS TITLED PROPERTY WITH VALUABLE DUAL STREET FRONTAGES - A RARE FIND!

211 Unley Road (Cnr Cremorne Street), Malvern

  • Price: on-site
  • Location:MALVERN
  • Area:556 sq metres

A STRATEGICALLY POSITIONED TORRENS TITLED PROPERTY WITH VALUABLE DUAL STREET FRONTAGES - A RARE FIND!

The improvements comprise 2 stand alone buildings, set on a valuable high profile Torrens Titled Allotment.

The Corner Building is configured to accommodate a Retail Showroom with self-contained amenities. Total area of approx. 246 sqm with lock-up yard at rear. The Corner Building is currently let to Bed Bath n' Table, who will be vacating at expiry of lease on 29.02.2020.

The Rear Building comprises an office/warehouse facility - as purpose built, with roller door access, with a ground level area of approx. 210 sqm and a mezzanine level of 47 sqm as well. This building is currently leased/occupied on a monthly tenancy arrangement to a long-standing Tenant, which is terminable on 2 months' notice.

The land itself has a total area of approx. 556 sqm - is rectangular in shape, with frontage of 13.72m to Unley Road and 40.54m to Cremorne Street.

The land is located in a URBAN CORRIDOR ZONE - HIGH STREET (UNLEY ROAD) POLICY AREA 20, in the City of Unley. This zone accommodates a wide variety of land uses, commercial, retail and residential mix (STNC), with a maximum building height of 5 storeys.

The property offers a rare opportunity for intending owner occupiers, investors or developers to acquire a Landmark Unley Road holding with future developmental options.

The property has been held in the same ownership since 1981, and will be Auctioned on-site Wednesday 19th February 2020 at 11.30am (unless sold beforehand).

Further details contact - Sole Selling Agents, George Zogopoulos 8410 6444 or 0412 824 278.

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