Description

Exclusive Real Estate has the privilege to offer 10 Railway Parade in the tightly held pocket of Burwood. This is the ideal land bank opportunity offering multiple income streams with stable long term tenants. With combination ground floor retail & offices above this diverse investment opportunity would be a great addition to any savvy investors portfolio. Conveniently located just 240m from Burwood Train Station with close proximity to major retail, dining and banking services. Flexible mixed use MU1 zoning with an 60m height limit & 4.5:1 FSR, this block has endless potential.
Each professional suite has its own bathroom, along with a shared bathroom downstairs.

Key Highlights

* Tightly Held Pocket with Huge Upside
* Strong Holding Income, with Long Term Tenants
* Flexible Zoning with plenty of upside, 60m Height & 4.5:1 FSR

Shop (Ground Floor)
- Newly renovated with high street exposure
- Two kitchenettes and a bathroom
- Currently operating as a hair dresser
- Consistent foot and car traffic, perfect for growth
- Approximately 85 sqm

Suite 1 (Ground Floor)
- 4 Separate rooms
- Currently operating as a psychologist office
- Separate lunch room with kitchenette
- Approximately 80 sqm

Suite 2 (First Floor)
- 3 separate rooms, 1 bathroom
- Currently operating as a music school
- Approximately 53 sqm

Suite 3 (Second Floor)
- 5 Separate rooms, 1 kitchen and 1 bathroom
- Dual entrances from the common area
- Currently operating as an accountant and taxation office
- Approximately 95 sqm