Positioned in the heart of Belmont's CBD, this rare offering comprises two buildings to be sold in one line. Presenting a level site with convenient rear access via Thomas Street-ideal for future development.

The property includes eight (8) ground-floor shops along with a three (3) bedroom residence on the first floor, offering a flexible mix of commercial and residential tenancies. There is strong potential to lease the current vacancies and retain the asset as a long-term investment.

• Zoned E1 Local Centre
• Height limit 16 metres
• Total site area 905sqm

With existing holding income in place to cover outgoings, this is an excellent opportunity to generate cash flow while planning renovations or a larger redevelopment project.

Note - the residence will need substantial renovation before it could be habitable.