Sale

40 Bank Street, Port Fairy VIC

$1,050,000
574m2
Residential

Boutique Commercial and Retail Site

On offer is an amazing opportunity to acquire one of the few remaining central commercial sites.
The capital growth potential is enormous, also is the rarity of such land. The vacant lot is “Zoned 1 Commercial” and is approximately 574m2.
Specific points worth mentioning are as follows:

• Dual frontage corner site in an excellent CBD location
• Approximately 23mtr x 24mtr Street frontage
• Site is suitable for mixed use development
• Architectural concept plans prepared (STCA) for 3 commercial spaces and 4 apartments
• All development plans require Moyne Shire council approval
• Specialist town planning advice on development available

The concept plans will be sold with the block and have been crafted to incorporate 4 x 2 bedroom, 2 bathroom apartments which would offer excellent resale potential. Then at ground level three large commercial spaces below represent great investment potential.
Specialist Town planning advice has been sought and information on request can be provided.
This Commercial Site represents an exceptional high profile Development Opportunity for the astute buyer.

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