UNION ROADS MAIN CHARACTER RETAIL + RESIDENTIAL FREEHOLD.

For Sale – Vacant Possession - 150 Union Road, Surrey Hills

Development/Land (Retail, Residential), Retail, Showroom, Medical

Overview
Property ID: 20558
Price: Contact Agent
Building: 291m²
Land: 231m²
Zoning: Commercial 1 zoning
Attachments
Description

POINT OF INTEREST:

A golden mixed-use property package has the East’s investors, developers, and owner-occupiers already getting their ducks in a row. Sitting proudly amongst Union Road’s local fair, this rare freehold features a ground-floor retail space and a first-floor residence with 3 bedrooms, and its own separate access. Saville Row Prestige Dry Cleaners have traded, and owner occupied the retail space for over 40 years, whilst the dwelling — which was constructed renovated in 2000 — is also available with vacant possession or could be leased at its recently appraised rental amount of $700 per week. There’s natural gas and a substantial power supply, as well as rear ROW access for on site car parking plus a secure double garage or workspace. The location is as connected as a suburb’s busiest strip could be. You’re within walking distance of the new Union railway station and Coles Local, with Canterbury Road nearby and a range of bus stops.

- 291 sqm* Total building area.
- 231 sqm* Total land area.
- 3-bedroom dwelling with kitchen, lounge, and 24sqm* balcony.
- 2-4 on-site car spaces in a secure double garage with rear ROW access.
- Residential car parking permit for nearby Croydon Road
- Commercial 1 zoning.
- 1 minute * to the new Coles Local.
- 4-minute walk to the new Union Railway station.
- 5 minutes* walk to Canterbury Road.

POINT OF VIEW:

A sizeable site only made more grand by the tightly-held nature of this retail strip, the opportunity to occupy, invest, or develop in Surrey Hills is the most strategic move you’ll make this decade.


*Approx.
Pricing excludes GST

Additional Info
Features
AgeVarious
Air ConditionerYes
AvailabilityImmediate
Car Parking FeesNA
Car Spaces2-4 allocated on site, plus Residential car parking permit
ConditionVery good
FloorsConcrete / Timber
HeightVarious
LiftsNA
Roller Doorsyes at rear
Sprinklersno
ZoningCommercial 1 zoning
Outgoings
Owners’ CorporationNA
Council Rates$3,735.25
Water Rates$294.91
Land Tax$4,350.00 (Single holding - 2024)
Agent Details
CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]

CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]

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