3 x High Profile Showrooms With Upside

Ray White Commercial proudly presents this rare opportunity to secure this prime corner allotment consisting of 3 Showrooms in the admired Heathmont Retail Zone.
Showrooms 2 & 3 are currently leased to the renowned Ascot Bathroomware which is a family run business that has been in trading for in excess of 30 years.
Showroom 1 is currently vacant, which offers flexibility to the purchaser to occupy or lease out.
The property is zoned Commercial 1 coupled with high exposure to Canterbury Road, ample car parking and rear laneway access will allow the astute investor/future developer to add value with a mixed use redevelopment (STCA) or lease out the remaining showroom with properties of this calibre hitting the market being few and far between.
The site boasts the following features:
• Zoning | Commercial 1 (C1Z)
• Total building area | 841sqm*
Showroom 2 & 3 Returns $144,000 pa net
Showroom 1 Vacant - Estimated Rental $55,000 pa net
• Land area | 1,109m2*
• 3 Showrooms - 3 Titles
• Rear laneway access
• Ample street car parking
• Mixed use development potential (STCA)
• High profile corner
• Buy in one line or individually

*approx.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Heathmont East Primary School Primary Prep-6 Government 0.41km
Eastwood Primary School Primary Prep-6 Government 1.1km
Eastwood Primary School-Eastwood Deaf Facility Primary Government 1.1km
Tintern Grammar Combined Prep-12 Independent 1.2km
Tinternvale Primary School Primary Prep-6 Government 1.2km
Bayswater Secondary College Secondary 7-12 Government 1.5km
Great Ryrie Primary School Primary Prep-6 Government 1.7km
Bayswater Primary School Primary Prep-6 Government 1.9km
Ringwood Secondary College Secondary 7-12 Government 1.9km
Aquinas College Secondary 7-12 Catholic 1.9km
SEDA College (Victoria) - Jubilee Park Secondary Independent 2.3km
Marlborough Primary School Primary Prep-6 Government 2.3km
Our Lady of Perpetual Help School Primary Prep-6 Catholic 2.4km
Heathmont College Secondary 7-12 Government 2.5km
Bayswater West Primary School Primary Prep-6 Government 2.6km
Our Lady of Lourdes School Primary Prep-6 Catholic 2.6km
Bayswater South Primary School Primary Prep-6 Government 3.2km
Dorset Primary School Primary Prep-6 Government 3.2km
Norwood Secondary College Secondary 7-12 Government 3.3km
Yea High School-Chinese Community Centre Secondary Government 3.4km
Bayswater North Primary School Primary Prep-6 Government 3.4km
St Luke's School Primary Prep-6 Catholic 3.5km
Melba Secondary College Secondary 7-12 Government 3.5km
Wantirna College Secondary 7-12 Government 4.1km
Urban College Secondary 10-12 Independent 4.4km
Boronia K-12 College Combined Prep-12 Government 4.6km
Croydon Community School Secondary 7-12 Government 4.7km
Croydon Community School-Capacity Building Secondary Government 4.7km
Croydon Community School-OPTIONS Secondary Government 4.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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