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427/429 Porter Street, Templestowe, VIC, 3106

Name: 427/429 Porter Street, Templestowe, VIC, 3106
Address: 427/429 Porter Street , VIC, Templestowe, VIC, 3106
Telephone: +61 427 349 064

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SOLD

427/429 Porter Street, Templestowe, VIC, 3106

Properties / Sold / Victoria / Templestowe

Development Potential

1. Property Summary

Property Type

Residential, Child/Healthcare

Land Area

1,625 m² (*approx)

Selling Method

Auction: Contact Agent

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2. Property Highlights

Corner Medical Investment with Huge Future Development Upside (STCA)

1625sqm* GRZ3 Corner Landholding
$49,500* income from medical tenant
$1.63m* Median House Price

Nelson Alexander Commercial are pleased to present 427-492 Porter Street Templestowe For Sale via Public Auction. This multi-faceted opportunity has secure income and future development (stca) upside in a thriving location

Key Features Include:

> Zoned General Residential Zone 3
> Underpinned by a strong Templestowe median house price of $1,630,000^ which has increased 17%^ in the last 3 months
> Located on a high-profile corner and only 600m from Pines Shopping centre home to Coles, Aldi, Woolworths, Kmart, major banks and many specialty retail stores
> Securely leased to ‘Progress Medical Clinic’ returning $49,500.96 (excl GST & outgoings)
> On site carparking for 14 cars and easy access to the Melbourne CBD via the Eastern Freeway, plus bus routes along Blackburn Road.

427-429 Porter Street, Templestowe is for sale via Public Auction on Thursday 9th December at 1pm, for all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.

*approx.
^source REIV

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Development Potential