Perfectly positioned in the Greenacre shopping strip, 144 Waterloo Road presents a prime commercial opportunity for investors and developers. This property offers seven tenancies and holds potential for further redevelopment (STCA).
Featuring multiple commercial shops, the property yields strong and consistent rental returns. Zoned B2 with a 2:1 FSR and a 14m building height, it encourages new development with a mix of commercial and residential spaces. The location ensures excellent exposure with abundant customer parking at the rear and in nearby council car parks.
- Exceptionally situated in the bustling Greenacre shopping strip, high pedestrian traffic
- Existing property offers seven tenancies with potential for further redevelopment (STCA)
- A unique mix of five commercial shops and two offices upstairs returning?$332,294 pa approx.
- Current tenants include a bakery, cafe, patisserie, and two educational centres
- Zoned B2 with a 2:1 FSR and 14m building height, encouraging new development
- Opportunity to create a profitable mix of commercial and residential spaces (STCA)
- Well-appointed businesses all equipped with lighting, water, and essential elements
- Lease the site as is and retain the current tenants, or completely revamp/update (STCA)
- Located mere footsteps from rapid public transport, bus stops and places of worship
- Positioned within 240m of Al Sadiq College, Greenacre Public School, and Roberts Park
- Ample customer parking available at the rear of the building, nearby council car parks
DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.