Floor Plan
Type : Retail
Land Size : 525 sqm
Water Rates : $2023
Council Rates : $4131
Ready For a Fresh Start
Offered to the market for the first time in more than 20 years, the renown "Doralane" building is available for immediate purchase. Freehold property with 3 lots on one title. Selling "AS IS".
As is widely known, the property has been affected by a fire within the building, and whilst there is obvious damage from the fire, the solid external double brick walls provide a compelling opportunity for redevelopment or renovation. There is an engineering report stating the walls are sound but the asbestos roof needs replacing to comply with current codes.
Formerly a thriving bakery, the property is to be sold strictly on an "as is" basis - including all fixtures, fittings and equipment.
Located in a highly accessible position, with great visibility and regular passing traffic. The site is also within close proximity to primary and senior schools, the Albany Health Campus, aged care facilities, residential homes and a major supermarket making it an enticing position for a number of business types or prospective commercial tenants.
Spencer Park is a suburb on the move with a council supported development/structure plan identifying the area for significant future growth and redevelopment. Specifically, a proposed multi-million dollar development on the land to the rear of this property can only result in positive gains for the surrounding properties.
Features include
- Approximately 525m2 - 3 lots over one title
- Zoned Neighbourhood Centre
- Commercial cool room, chiller room, ovens and industrial equipment (the seller makes no warranty or claims as to working order or condition of any items)
- Possibility to convert to 2 or 3 individual units or redevelop the site
- External walls double brick construction
- Approximate rates: Council $4,131.16 Water $2,023.16
This property is ready for the right person to reignite its commercial potential - Restore, repurpose or redevelop to suit your needs and capitalise on the long-term potential of the area.
Contact Rob Mason on 0411 615 806 for further information.