Residential, Commercial And Business Property


Commercial Development Opportunity in Mosgiel

Asking price $2,300,000

27-29 Factory Road, Mosgiel

For Sale
Property Type: Investment Opportunities
2049 Square metres


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.


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