Positioned in the heart of Belmont's CBD, this rare offering comprises two buildings to be sold in one line. Presenting a level site with Highway frontage and rear access via Thomas Street-ideal for future development.

542 Pacific Highway – Single level brick building split into two separate tenancies.
544 Pacific Highway -Brick building consisting of 6 ground floor suites and with a 3 bedroom flat above.

This building has a pedestrian walkway that connects the Pacific Highway frontage to Thomas Street.

The property includes eight (8) ground-floor shops along with a three (3) bedroom residence on the first floor, offering a flexible mix of commercial and residential tenancies

• Zoned E1 Local Centre
• Height limit 16 metres

With existing holding income in place to cover outgoings, this is an excellent opportunity to generate cash flow while planning renovations or a larger redevelopment project.

Note - the residence will need substantial renovation before it could be habitable.

Building Area

Site Area

Financial Summary

OUTGOINGS
542 Pacific Highway

OUTGOINGS
542 Pacific Highway

542 Pacific Highway
Suite 1

Suite 2

544 Pacific Highway
Suite 1

Suite 2

Suite 3

Suite 4

Suite 5 (known as shop 4)

Suite 5

3 Bedroom Residence

KEY DETAILS

SALE DETAILS
For Sale $1,750,000

INSPECTIONS
All inspections to be in the company of an authorised Movable agent or representative

LEGAL DETAILS
Ezy Step Conveyancing
Renee Seymour
40679871
renee@ezystepconveyancing.net.au

This property memorandum has been compiled by MOVABLE for the information of the interested parties to assist them in deciding whether they are sufficiently interested in the property offered for sale to proceed with further investigation of the property. The information does not constitute all or any part of an offer or contract for sale, and is intended as a guide only.

The information contained in the Memorandum has been prepared in good faith. Interested parties should take note however, that any calculations contained in the Memorandum are based on information provided to MOVABLE by outside sources and have not been independently verified by MOVABLE or the vendor. Any projections contained in the Memorandum, therefore, represent best estimates only and may be based on assumptions which, while reasonable, may not be correct.

Interested parties should not rely on any material contained in a brochure or the memorandum as a statement or representation of fact but should satisfy themselves as to its correctness by such independent investigation as they or their legal or financial advisers see fit.

To the extent that this document includes any statement as to a future matter, that statement is provided as an estimate and/or opinion based upon the information known to MOVABLE at the date of preparing this document and assumptions which may be subsequently proven to be incorrect. Neither MOVABLE nor the vendor warrants that such statements are or will be accurate or correct.

MOVABLE provides this document on the condition that, subject to any statutory limitation to do so, each of MOVABLE and the vendor disclaims liability under any cause of action including negligence for any loss arising from reliance upon this document.

This memorandum is provided by MOVABLE or the vendor on a confidential basis to the recipient for recipient’s sole use and is not to be re-supplied or distributed by the recipient to any other person without the prior written consent of MOVABLE or the vendor and neither MOVABLE nor the vendor is liable for any loss arising for such unauthorised use or reliance.

GST
MOVABLE advises that the financial information in this memorandum relating to income, outgoings and the like are provided without reference to the impact of GST, if any. Purchasers must make their own assessment of the impact of GST on the investment, property, lease etc and the returns derived there from after obtaining independent expert advice.