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Investment Highlights
- Permitted development granted for the conversion into 5 dwellings.
- No VAT on sale price.
- Former office building across Basement, Ground & two upper floors.
- Alternative use potential to convert into the HMO.
- Potential to reconfigure and create more dwellings.
- Vacant.
- Proposed accommodation 2 x one bedroom flats & 3 x two bedroom flats.
- 8 weeks completion available.
Executive Summary
Lot 223 is available by way of Savills Online Auction 22nd April 2026
A freehold semi detached former office located on a prominent corner position. The property benefits from permitted development to convert the property into 5 dwellings. Proposed Accommodation Flat 1 = 1 Bedroom - Ground floor - 500 sqft (46.5 sqm) Flat 2 = 1 Bedroom - Ground floor - 428 sqft (39.8 sqm) Flat 3 = 2 Bedroom - First floor - 593 sqft (55.1 sqm) Flat 4 = 2 Bedroom - Ground, 1st & 2nd floor - 1,083 sqft (100.7 sqm) Flat 5 = 2 Bedroom - Second Floor - 602 sqft (56 sqm) Bicycle Storage = 387 sqft (36 sqm) The property also offers alternative use potential to convert into a HMO or reconfigure to create more dwellings (subject to the requisite consents)
A freehold semi detached former office located on a prominent corner position. The property benefits from permitted development to convert the property into 5 dwellings. Proposed Accommodation Flat 1 = 1 Bedroom - Ground floor - 500 sqft (46.5 sqm) Flat 2 = 1 Bedroom - Ground floor - 428 sqft (39.8 sqm) Flat 3 = 2 Bedroom - First floor - 593 sqft (55.1 sqm) Flat 4 = 2 Bedroom - Ground, 1st & 2nd floor - 1,083 sqft (100.7 sqm) Flat 5 = 2 Bedroom - Second Floor - 602 sqft (56 sqm) Bicycle Storage = 387 sqft (36 sqm) The property also offers alternative use potential to convert into a HMO or reconfigure to create more dwellings (subject to the requisite consents)
Property Facts
Sale Type
Owner User
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
1,136 SF
Building Class
B
Year Built
1901
Price
$549,538 CAD
Price Per SF
$483.75 CAD
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
284 SF
Amenities
- 24 Hour Access
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25 Albion St
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