Shopping plaza with great potential

Located in the best shopping street of Moe, Moore St, rear opposite Aldi supermarket, Coles and K-Mart nearby. There are 21 shops and 1 common area. Currently all are leased except for one that will be signed up soon. The total rental income is $374,104.

The building area for the shopping centre is approx. 2 acres with 22 titles. In addition, there is a large parking area with approx. 1 acre land (separate 1 title) on the side of the plaza. There are many council parking spots on the rear, shared with Aldi and also street parting in Moore St. The shopping plaza has a very large frontage in Moore St. The railway station just 2 minutes away by walking.
The parking area (more than 1 acre) provides a great potential for development, such as childcare centre, age care, hotel, office or apartments (STCA). The plaza can also be built double storey (STCA).
Approx. one hour to the city centre by freeway (straight and no turning). Train goes to the city centre scheduled every hour per train or every 30 minutes on special days.
The asking price is very reasonable and competitive.