68-82 Percy Street, Portland

• UNIT
• 19 bedrooms
• 11 bathrooms
• Approx 0 Square metres

Blue Chip Investment

Prime Portland CBD Corner Site - 2636m2 on 4 Titles. Redevelopment potential (STCA). Includes 10 shops, 11 residential second storey units and 2 offices. Units consist of 4 x one bedroom, 4 x two bedroom and 2 x three bedroom units and one bed-sit. Most units and shops are separately water and power metered and have been substantially refurbished in recent years. There is good potential for Strata subdivision (STCA) with large vacant Business 1 high-density zoned areas to the east of 3 of the Titles. With some re-arrangement, an area more than 800m2 could be made vacant with potential for second storey development with car parking underneath (STCA). A road easement is attached to one Title and in favour of all other titles along the rear/eastern boundary opening onto Henty Street. A wealth of opportunity awaits the astute purchaser whilst enjoying the current cash positive return from this bookmark premium location.

Property Code: 404582809

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