142-146 Mountjoy Parade LORNE VIC

RETAIL GEM WITH DEVELOPMENT BANG

This sensational offering is ideally situated on Lorne’s world famous beachfront address.
Opportunities are extremely rare in this tightly held and bustling retail shopping strip and as such the property will be in high demand.
Stunning ocean front property perfect for residential development (STCA).
Currently returning approximately $103,350 p.a. plus GST.
Land area: 625 sqm (approx).
Fantastic access from three sides.
Flexible leases perfect for future owner occupation or development (STCA).
Zoned: Business 1 Zone.
Extensive street frontage to Mountjoy Parade.

Development

Overview

Type
Development
Contract
Sold
Building Size
625 sqm
Land Size
550 sqm
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