Price Guide:
Aston Commercial are pleased to offer 1102-1106 Dandenong Road, Carnegie to the market for sale via Expressions of Interest closing on Wednesday 8th September 2021 at 2:00pm.
Operating as the Carnegie Motor Inn this property has been held by the same family for several decades, situated on Dandenong Road a major gateway connecting commuters between the CBD fringe and south-east suburbs.
In this time Carnegie has transformed into a major Commercial hub with significant infrastructure added to the immediate area including the recently completed multi-million dollar upgrade of Carnegie Railway Station and the Carnegie Central Shopping complex.
This significant landholding of 2,455 sqm* is ripe for future development offering a range of different Commercial outcomes including Residential, Medical & Childcare (STPA).
Providing income today but an enormous opportunity to develop into the future, we highly recommend this property for your serious consideration.
Property Highlights:
• Land Area: 2,455 sqm*
• Leased - $184,517 pa
• Residential Growth Zone – RGZ1
• Significant street frontage of over 43m*
• Tightly held residential area with a median house price of $1,780,000 (REIV)
For further information please contact the exclusive selling agents.
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