Investment/Development Opportunity

OWNER RETIRING AFTER 37 YEARS – AN OPPORTUNITY NOT TO BE MISSED!

After proudly serving the local community for over 37 years, the owner has decided it's time to retire, creating a rare opportunity to secure this well-positioned property in the heart of Westmead/Motala Heights.

Set on over 2,000m2 of prime land, this property is all about location, space and endless potential. Whether you're an investor, developer or entrepreneur, this is a fantastic opportunity to acquire a property just minutes from the thriving Westmead Industrial Area. Currently on the property is a well-established spares shop featuring a retail area, office and storeroom, with an adjoining hair salon complete with ablution facilities.

Tucked away behind the shop is a neat one-bedroom flat offering a lounge, kitchen and an en-suite bathroom. With its own private driveway and separate access, it provides added convenience and further income-generating potential.

The property also comprises an older three-bedroom home with two bathrooms and two compact kitchens, presently tenanted with prepaid electricity and water meters. The rental income has intentionally been kept low simply to ensure the property remains occupied, offering excellent scope to increase the return.

While the existing buildings could benefit from some modernization, the true value lies in the exceptional land size and the endless possibilities it presents. There is ample space for truck parking, storage units, workshops, a medical centre, business premises or future redevelopment, subject to the necessary approvals.

Large parcels of land in such a strategic location rarely become available. If you've been searching for a property with outstanding potential and a prime position close to the bustling Westmead Industrial hub, this is one that deserves your attention.

Priced to sell, with the owner open to reasonable offers.