85 The Parade, Ocean GroveVIC

Property investors and developers are invited to express interest in this exceptionally rare commercial listing, positioned in Ocean Grove’s thriving shopping precinct. Keeping company with Coles, Home Timber and Hardware, Bakers Delight and The Rolling Pin Bakery, this outstanding site of 547sqm (approx.) offers great prospects for future redevelopment (STCA). Take advantage of potential ocean views to increase value and revenue.

Occupying four individual buildings comprising 250sqm (approx.) of internal space, currently enjoying an annual return of $106,574 (approx.) from secure tenants with long term leases in place. This dress circle position offers accelerated high exposure with desirable “Parade” frontage in a seven day trade precinct, and seven off street parking spaces.

A prime Commercial Zone 1 investment with endless possibilities.

For further information and to request a copy of the Information Memorandum please contact Brock Grainger.