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TOWN CENTRAL - 10 Units & Shopfront

A rare opportunity for investors and developers alike, this substantial property occupies an amazing central position in the heart of Eden!  

It consists of 10 apartments plus commercial office space in a Premium MU1 (Mixed Use) zone with wide frontage to Imlay Street and dual carriage lane access off Flora Street.

Magnificent panoramic views over Twofold Bay and the ocean horizon is enjoyed across multiple points on the site and by multiple units.

Property consists of three separate buildings.  Level with Imlay Street, Building 1 features a 63m2 (approx) commercial street front office space, plus an additional 1 bedroom unit and a 2 bedroom unit.

Building 2 consists of 2 x one bedroom units and 2 x two bedroom units.  Building 3 contains 4 x two bedroom units.

All residential units are tenanted.  There is no strata title on these units.

The scale of the property and the MU1 zoning presents creative developers with multiple options with the existing buildings and additional open spaces that this property offers.  Potential exists to add additional dwellings or to redevelop across the whole site (Subject to Council approvals).

Property for sale officially contains two addresses, 176 Imlay and 17 Flora St.

With excellent established rent revenues, central convenience, great views and scope for future development this is an opportunity not to be missed.

For a detailed summary of this property including existing tenancy revenues please contact agent Adam Donaldson.

Features

Ocean views
17 12 12 3,605 m2
Address 176 Imlay St, Eden
Price Expressions Of Interest
Property Type Residential
Property ID 542
Category Block Of Units
Land Area 3,605 m2

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Agent Details

Adam Donaldson photo

Adam Donaldson

0409 226 002
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What our clients say

Adam assisted us through the process of purchasing. He kept us informed, answered our questions and put the vendors at ease when circumstances outside our control meant were had to hold off on exchanging....

M.H

Adam was our go-to person for all things in relation to the sale of this house. Selling a house in a different state was going to be a challenge for us we thought! Adam provided so much guidance in relation...

R.W

Adam worked hard to sell our house and always returned phone calls promptly. He listened, kept us informed and never once gave the impression that anything was ever too much trouble for him. He helped...

H.W

Adam is the epitome of what sellers and buyers look for in an agent. Going the extra mile at every step, quick and detailed communication and being trustworthy with the entire buying process. If you are...

J & P Ross

Adam was exceptional to work with throughout what could have been a very stressful process. At all times Adam was calm, confident and a great communicator. There were a few road bumps during the sales...

K Bessell

Adam was the agent that I first bought through in Eden. I looked at a lot of properties and spoke to all the agents in the area. My final purchase was informed more by the fact that he was the agent than...

Fleur Parry