Located on the corner of Factory Road and Reid Ave, these properties represent a unique opportunity for a property developer or investor.
The three freehold properties are on separate titles.
27 Factory Road has one commercial tenant and one residential tenant - zoned commercial, land area 1,095m2 (more or less). Additional opportunity to lease or for an owner to occupy the now vacant cafe/ and kitchen area at the front of this building.
29 Factory Road has an existing residential house on site and is currently tenanted - zoned commercial, land area 530m2 (more or less).
29A Factory Road is a vacant section - zoned residential, land area 424m2 (more or less).
The properties offer a combined total land area of 2,049m2 (more or less).
A service lane is located at the rear of the properties.
Net Income - $30,035 (approx.) with potential to increase.
This is a rare opportunity to secure a large corner commercial site in Mosgiel.
For Sale at $2,300,000 plus GST (if any).
Viewing Instructions:
Contact Lincoln, Barry, or Jeremy for more information or a viewing appointment.
