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Savills is delighted to offer for sale this retail freehold located at 93-95 Grimshaw Street, Greensborough.
The property benefits from a permit for a 7-level mixed use project and offers the flexibility to invest, repurpose or develop.
Key attributes of the property include:
• Prime 604sqm* landholding with over 15 metres* frontage to Grimshaw Street
• Significant 1,107sqm* retail arcade comprising 6 suites, bathrooms & services lift
• Secure undercroft parking for 20 vehicles with roller door access
• Permit approved for a 7 level project featuring 21 apartments & ground floor retail
• Large open plan apartments with an average NSA of 117sqm* and generous private open spaces
• Partially leased with a combined income of $69,390.91 + GST & outgoings on short term leases
• Excellent public amenity – direct rear access to 330+ public car spaces, Greensborough Train Station, and major bus interchange
• Prominently positioned opposite Greensborough Plaza, attracting over 6.7 million visitors annually
• Surrounded by vibrant Main Street retail, cafés, restaurants, and everyday services
*Approximate
For Sale by Expressions of Interest closing Wednesday 17 September at 2pm.
For further information please contact:
Beau Bakhtani - 0412 159 038
Julian Heatherich - 0412 995 655
James Latos - 0422 604 900
Remember to mention you found this property on DevelopmentReady
Savills is delighted to offer for sale this retail freehold located at 93-95 Grimshaw Street, Greensborough.
The property benefits from a permit for a 7-level mixed use project and offers the flexibility to invest, repurpose or develop.
Key attributes of the property include:
• Prime 604sqm* landholding with over 15 metres* frontage to Grimshaw Street
• Significant 1,107sqm* retail arcade comprising 6 suites, bathrooms & services lift
• Secure undercroft parking for 20 vehicles with roller door access
• Permit approved for a 7 level project featuring 21 apartments & ground floor retail
• Large open plan apartments with an average NSA of 117sqm* and generous private open spaces
• Partially leased with a combined income of $69,390.91 + GST & outgoings on short term leases
• Excellent public amenity – direct rear access to 330+ public car spaces, Greensborough Train Station, and major bus interchange
• Prominently positioned opposite Greensborough Plaza, attracting over 6.7 million visitors annually
• Surrounded by vibrant Main Street retail, cafés, restaurants, and everyday services
*Approximate
For Sale by Expressions of Interest closing Wednesday 17 September at 2pm.
For further information please contact:
Beau Bakhtani - 0412 159 038
Julian Heatherich - 0412 995 655
James Latos - 0422 604 900
Remember to mention you found this property on DevelopmentReady
93-95 Grimshaw Street, Greensborough, VIC 3088
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
