145 Anderson Road Albion VIC 3020

Hewett Commercial is pleased to offer this outstanding freehold investment, which boasts solid property fundamentals and an excellent long term lease covenant for your consideration.

The properties benefit from the growing residential population in the west, the through traffic along Anderson Road connecting Ballarat Road and Sunshine Road, as well as its easy access on the Western Ring Road.

The properties comprise two (2) land parcels, both zoned General Residential 1 and have a combined land area of 1,724m2 approximately.

Improvements on the land include an existing Childcare centre featuring a former Edwardian era residence, two spacious paved car parks, two outdoor play areas, and additional flexible internal accommodation currently permitted for 95 child placements.

145 Andersons Rd faces the Sunshine Plaza Shopping Centre retail precinct, has a land area of approximately 1,174 m2 with a frontage of around 18.3 metres approximately.

1A King Edward Ave is north facing, has a land area of approximately 552 m2 with a frontage of around 15.5 metres approximately.

Astute investors will note the future redevelopment options, excellent capital growth as well as stable & predictable rental increases.

Please do not hesitate to exclusively contact selling agent below with any queries or to arrange a private inspection.

Andrew Hewett
+61 418 439 388