An outstanding opportunity presents itself at 5A Liege Avenue, Noble Park - a substantial landholding delivering strong immediate income while offering exciting long-term development potential.
Positioned on an expansive 3,268m² (approx.) allotment, opportunities of this scale in such a well-connected location are increasingly rare. The property provides a versatile asset suited to investors, developers, or organisations seeking a large-scale facility with future residential redevelopment potential (STCA).
Currently generating approximately $170,000 per annum plus outgoings, the property offers an attractive high-yield investment with a secure tenancy already in place. The site is presently leased to Belair Gardens Support Facility, with a 4 x 4 x 4 year lease structure, currently two years into the first term, providing investors with stability and long-term income security.
The existing improvements comprise a substantial 989m² (approx.) building, thoughtfully configured to support its current operation. Internally the property features multiple bedrooms, dedicated staffing rooms and facilities, a fully equipped commercial-style kitchen, and several large living and activity areas, allowing the facility to operate efficiently while providing comfortable and practical spaces throughout.
Externally, the generous landholding offers extensive surrounding space, further enhancing the property's versatility and long-term appeal.
The location further strengthens the investment case, positioned within close proximity to South Eastern Private Hospital and surrounded by established residential neighbourhoods. Being situated within a residential pocket creates excellent potential for future residential development (STCA), adding another exciting dimension to this already compelling opportunity.
Whether you're seeking a high-performing investment, a facility for specialised use, or a strategic landholding with future development potential, this rare offering combines scale, income and long-term possibilities in one outstanding property.
Opportunities of this size, income profile and future potential are seldom available in such a well-established Noble Park location.
Photo I.D. required at all inspections.
DISCLAIMER: The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
+ 15