16 Riversdale Road, Newtown VIC 3220

Here is an opportunity not to be missed. This 590sqm property fronts Riversdale Road and backs on to Rutland Street over looking Frier Reserve. This creates multiple options for both residential and commercial developers or investors. This neighbourhood has seen a extensive reinvigoration with a mix of residential, office space, light industrial, retail, small business and cafes making it the most sought after inner city mixed business precinct. This property has most recently been used for office space and could quite easily be leased as residential while the savvy purchaser plans their project. The dual street access is a rarity in this location and ensures exceptional exposure for any business or creates incomparable setting if you were to build maximising the rear north aspect overlooking the sporting oval.