Shophouses in Gladesville
This project capitalises on the potential of a site consisting of eight shops in Gladesville. The acquisition enhances Metroland's rental income, as well as offering a long term opportunity to develop the site as a combined residential and commercial venture.
Future plans cover the demolition of the existing buildings and developing an exciting residential and commercial environment, which will lead a revival of the local area. Metroland has commenced negotiations with the adjoining church to explore the possibility of a joint development.
| Location: | 265 Victoria Road, Gladesville |
| Project information: | 8 retail shops with car spaces |
| Land size: | 1322 sq m |
| Ownership: | 100% Metroland |
| Project value: | $17 million |
