1126m2 of Commercial Land
Comprising Three Shops and a Residence
THIS IS A PRIME POSITION ABOUT TO TAKE OFF WITH NEW DEVELOPMENTS EVERYWHERE AND IDEAL FOR AN INVESTOR OWNER OCCUPIER OR DEVELOPER READY FOR FUTURE SHOPHOUSE DEVELOPMENT
· Property Type Commercial and Zoning is Business
Ready for a developer or a home business, or you're the astute investor ready to make your money work for you, this property is sure to prove to be the perfect purchase.
The house is of open plan design with three large bedrooms, a sweeping living area connecting the spacious kitchen and bathroom.
· Currently commercially zoned buying and holding is also an excellent option as this prime piece of real estate can potentially be expanded to a three level shopping complex.
With two secure leases and an option for a third this opportunity sure is rare due to the flexibility and abundance of options available to you.
SHOPHOUSE LIVING was the norm in the early days where convenience met with a practical way of doing business. Particularly convenience and a cost effective way of having a lifestyle that worked for young professionals in a convenient location. SHOPHOUSE LIVING will attract young people who want to live and work from home but don’t have the opportunity to do that,” “Typically, they are between the ages of 25 and 35 and still living at home with their families. Hopefully, this gives them the ability to be a bit more independent while being close to their workplace and create an asset instead of paying rent. We want to provide an alternative housing option.”
Filling a gap
At ROYAL CITY REALTY PTY LTD we believe that SHOPHOUSE LIVING is filling a gap in the market. We see the concept as “effectively a hybrid between co-living and professional shop/office apartments” but with an added appeal to millennials of being a boutique project with character, and convenience where having to leave home to work on a daily basis is not required
ROYAL CITY REALTY HAVE INVESTOR BUYERS LOOKING FOR SMALL COMMERCIAL SHOPS FULLY TENANTED