800 m² Industrial space in Observatory

This prime commercial property is located on the highly visible and bustling Observatory Main Road. Currently, the property is partially tenanted, featuring a fitment centre on the ground floor, with the 1st floor available for immediate occupancy. Zoned Mixed Use 2, the property offers a versatile range of uses including residential accommodation, offices, retail, and hotel, with the potential for conversion into a student residence.

Key Features:

Zoning: Mixed Use 2 (permits various uses including residential, offices, retail, hotel, and more)

Current Tenancy: Fitment centre on the ground floor 1st floor vacant

Expansion Potential: Ability to add more floors and develop into student accommodation

Signage & Branding: High visibility with excellent signage opportunities on a busy main road

Power: Equipped with 3-phase power

Parking: 5 council parking bays directly in front of the unit