Rockdale

394-396 Princes Highway

For Sale

Landmark Development Opportunity

Don't miss out on the opportunity to purchase this outstanding 2 Level commercial premises located in the sought-after suburb of Rockdale, ideally located on Princes Highway with high traffic visibility and thousands of passing cars each day 500 metres to Rockdale bus interchange & train station . 200 metres to Bayside council

Favourable Mixed-Use Zone MU1 permitting a multitude of uses including residential units STCA) . Ideally situated in a well established and popular shopping strip with two street frontages LOTS 5-6 DP455369 VGM 12.54/12.34 X 21.51/22.49 (266m² approx ) Title Ref 5/455369 , Total Land Size (266m² approx ) this property must be sold with adjoining property 390-392 Princes Highway, Rockdale frontages LOTS 5-6 DP455369 VGM 12.54/12.34 X 21.51/22.49 land size(266m² ) Title Ref 5/455369 . The asking price for the two joint property's is $5,900.000 based on an approximate yield of 29 units (plus shops and two levels of basement STCA) a fantastic site with a large variety of potential on offer.

Disclaimer***All amounts, areas and distances are approximate

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Rockdale

390-392 Princes Highway 

For Sale