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35-35a Railway Road
Blackburn VIC 3130
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Sold on 23 Sep 2024

35-35a Railway Road Blackburn VIC 3130

  • Offices
  • 1,184 m²
  • Sold

Prime Investment Opportunity in Central Blackburn

    Seize this unique opportunity to invest, occupy, landbank, or develop in one of Blackburn's most sought-after central locations, directly opposite the main transport hub. This prime property spans two separate titles, offering a combined land area of 714 m².

    Key Features:
    Land Area: 714 m² (2 separate titles)
    Gross Building Area: 1,184 m² (approx.)
    Gross Lettable Area: 624 m²
    Zoning: Commercial 1, DD-08
    Car Spaces: 22 undercroft parking spaces

    Investment Highlights:
    Potential Income: $170,000 p.a.* (*approx. fully let.)
    Current Income: The property is currently 50% leased, generating $90,000 p.a. net with a lease expiring on 28-2-2026, including a 3-year option.

    This property offers incredible potential for investors looking for a secure income stream, businesses seeking a prime central location, or developers aiming to maximize the value of this rare landholding. Don't miss out on this exceptional opportunity to secure a versatile asset in a thriving commercial precinct.

    Information Memorandum available on request which includes a schematic concept for a proposed development option by renowned architects DP Toscano.

    EXPRESSION OF INTEREST

    Closing date and time25/09/2024 14:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent
    Woodards Camberwell
    Woodards Camberwell
    Level 3, 277 Camberwell Road
    Camberwell, VIC 3124

    Property Highlights

    Date Sold23 Sep 2024
    Floor Area1,184 m²
    Land Area714 m²
    EnergyAsk Agent
    Parking22 x Onsite parkings
    Building TypeWhole building
    Property ID2019458991
    Category
    Last updated  26 Sep 2024
    Map for 35-35a Railway Road Blackburn VIC 3130
    Woodards Camberwell
    Woodards Camberwell
    Level 3, 277 Camberwell Road
    Camberwell, VIC 3124

    Property Highlights

    Date Sold23 Sep 2024
    Floor Area1,184 m²
    Land Area714 m²
    EnergyAsk Agent
    Parking22 x Onsite parkings
    Building TypeWhole building
    Property ID2019458991
    Category
    Last updated  26 Sep 2024

    Co-Agents

    Cameron  Way
    Cameron Way
    Woodards Camberwell
    Call
    0418 352 380
    John Piccolo
    Woodards Camberwell
    Call
    0408 102 050
    Julian  Badenach
    Julian Badenach
    Woodards Camberwell
    Call
    0414 609 665

    More about 35-35a Railway Road Blackburn VIC 3130

    35-35a Railway Road Blackburn VIC 3130 is categorized as Office. It has a floor area of 1,184 m². There are 22 x onsite parkings.The listing ID for this property is 2019458991.

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