• 2,025sqm site in the heart of Albany
• Business Local Centre zoning for a range of commercial or residential uses and development options
• $145,220pa + GST of diverse holding income from a range of tenants with redevelopment provisions
A tightly held precinct, 253 Dairy Flat Highway offers to the market an excellent development, investment or occupation opportunity for a range of uses. This near rectangular site which has excellent profile onto this busy arterial route is superbly positioned for its next iteration of ownership and a compelling opportunity to take advantage of the wider areas aggressive growth.
The property benefits from income from five buildings and titles with the lease profile allowing for redevelopment as soon as practically possible. Conversely the existing income stream of $145,220pa which comprises several longstanding tenants provides a stable income stream for an investor wanting to land bank and forget.
Albany continues to consolidate as the North Shore’s key growth hub, underpinned by ongoing residential intensification and major investment in retail, education and transport connectivity.
Please contact the Sole Agents for further information.
