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57 St Albans Rd East Geelong, VIC 3219

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57 St Albans Rd,
East Geelong, VIC 3219

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$755,000

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Commercial. Residential. Development.

This is a unique opportunity to secure a property with a range of investment and development options (STCA).
Set on a high profile 627m2 corner allotment, the property includes:
* a shopfront of approximately 70m2 fronting St Albans Road, with a long term tenant on a periodic lease giving you the flexibility to retain the tenant or vacate and use for your own needs.
* an adjoining 3 bedroom house approximately 120m2, occupied by the same tenant on a periodic lease with flexibility to retain the tenant, lease out separately or demolish (STCA) to expand the development potential of the land.
* over 300m2 of land to the rear with a 4 car garage fronting Darling Street, giving you the option to retain the existing house and shop whilst developing the land to the rear (STCA).

Positioned in a residential neighbourhood but on commercial 1 zoning, the property would suit a range of different uses whether you are looking to invest, occupy, develop or a mixture of all 3.

The location provides easy access to the CBD, Eastern Gardens, South Geelong Station and the waterfront, whilst being a short walk from the Garden Street cafe precinct.

Contact Dion on 0424 940 6... to learn more.

Property ID: 502611642Last Updated: 17 Nov 2018

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04249406...
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57 St Albans Rd
East Geelong, VIC 3219
Barry Plant - Geelong
(Rentals) 116 Ryrie Street & (Sales) 59 Gheringhap St
GEELONG, VIC 3220

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