Positioned on a highly visible corner stand of approximately 700m2 along sought-after Military Road, this versatile property presents an outstanding opportunity for developers, investors, or owner-occupiers seeking future commercial or mixed-use potential.
Currently configured as a multi-dwelling residential property, with good rental yield offering holding income while planning and rezoning applications are pursued. The site lends itself perfectly to rezoning and redevelopment thanks to its prominent location, excellent exposure, and multiple access points. Added bonus is the borehole and each rental unit as it's own separate electricity meter unit.
Main Residence
- 4 well-sized bedrooms
- 2 bathrooms
- Open-plan lounge and dining area
- Large kitchen opening onto a covered patio of approx. 12 meters, ideal for client-facing or staff-use space
Additional Income-Producing Units
- 2-bedroom cottage with kitchen and bathroom with direct access from Military Road – ideal for offices or consulting rooms
- 2 x bachelor units
- Additional 1-bedroom cottage with kitchen and bathroom
Key Highlights
- Corner stand with excellent visibility and signage potential
- Multiple separate structures – ideal for phased development or multiple tenants
- Easy access from Military Road
- Strong holding income while rezoning or redevelopment is underway
- Located in a rapidly evolving node with increasing commercial activity
- Good land space for on site parking for approximately 6 vehicles
Ideal Commercial / Business Uses (subject to rezoning)
- Medical or dental practice / doctors’ rooms
- Boutique car dealership or showroom
- Professional offices (attorneys, architects, accountants, engineers)
- Estate agency or property-related offices
- Early childhood development Centre or training facility
- Café, deli or destination food outlet
- Co-working space or serviced offices
- Mixed-use development (retail frontage with offices or residential above)
This is a rare opportunity to secure a strategically located property with multiple income streams today and significant commercial upside for tomorrow.
