55-57 Warrigal Road, HUGHESDALE VIC 3166

Landmark Freehold with Exceptional Potential

Retail - HUGHESDALE VIC

Offered for sale with vacant possession 55–57 Warrigal Road Hughesdale, is a substantial freehold commercial holding presented as a shop and dwelling, offering exceptional flexibility, scale and long-term upside within a rapidly evolving urban corridor.
Occupying a generous 503sqm allotment (approx.) with the valuable advantage of rear laneway access, the property is improved by an existing two-storey building and expansive ground-floor commercial footprint, making it well suited to owner-occupiers, investors, or developers seeking to capitalise on its zoning and growth potential. The double fronted shop on ground floor covers 207 square metres (approx.) with a commercial kitchen, male & female toilets, adjoining storage rooms, an externally accessed room with bathroom and laundry. The first floor 101 square metres (approx.) features an externally accessed apartment offering an open plan kitchen/living room, two bedrooms, a bathroom and separate toilet.
The site presents a compelling development proposition, with the ability to build up to four levels (STCA) and potential for additional height, subject to council approval. This creates an outstanding opportunity for mixed-use, commercial or residential redevelopment, or to hold and enhance over time within a location benefiting from ongoing urban enhancement and strong surrounding activity.
With excellent exposure along Warrigal Road, rear access via rear laneway, and proximity to transport, (200 metres from Oakleigh Railway Station) retail and amenity, this is a rare chance to secure a sizeable inner-suburban landholding well suited to a variety of commercial and mixed-use outcomes (STCA).
 Land area: 503sqm (approx.)
 Total building area: 308 sqm (approx.)
 Prominent Warrigal Road frontage
 Rear access via laneway
 Existing improvements offering holding income or short-term use
 Potential to build up to four levels or more (STCA)
 Suitable for owner-occupiers, investors or developers
 Strategic location surrounded by established and emerging commercial uses
 Vacant possession
 Commercial Zone 1
 One title