March 03, 2019

Prime Bayside Development Site

AUCTION Thursday 28 March at 1:00pm, on site

466 - 470 Hampton Street, Hampton

Nichols Crowder, in conjunction with Teska Carson, is proud to offer to the market a unique, triple-fronted retail development site at 466-470 Hampton Street, Hampton.  Located in the heart of Hampton’s retail precinct, this fantastic property is to be auctioned on site on March 28 at 1:00pm.

Set on land of around 670sqm, the three shops totalling approximately 270sqm currently generate rental income of $123,220 on short-term leases. 

“This is a rare opportunity to purchase a large land parcel in a premium shopping strip,” explains James Glen, Sales and Leasing Executive.  “It’s close to Woolworths supermarket, Hampton Train station and the beach.  As a bonus, there’re potential beach views from a multi-storey development.”

“Hampton’s one of Bayside’s most affluent suburbs, with a median house price currently at $1.85 million*, and median household income at more than $105,000** a year.  With more premium units being built along Hampton Street, this property provides an amazing opportunity for a high quality development.”

For further details contact:

JAMES GLEN 0401493 277
ALLAN BRODIE 0419 261 138