Set on a substantial 4,170m² (approx.) allotment with a rare combination of Commercial 1 and Low Density Residential zoning, this high-exposure property offers an outstanding opportunity for investors, landbankers, or future owner-occupiers. Located within walking distance to the Cockatoo township and close to parks and sporting facilities, the site benefits from strong local traffic and prominent street frontage. The property is currently leased to an established veterinary clinic on a freshly renewed 5-year lease commencing 1 July 2024, returning $49,638 per annum + GST, with fixed 2% annual increases and no further options — providing both income certainty and long-term flexibility. Improvements include a freestanding commercial building of approximately 222m², currently configured with reception areas, consulting rooms, and staff amenities. The original layout was designed to support one or more businesses under the same roof, and the property also features 11 on-site car spaces and a rear roller door for deliveries — ideal for operational convenience and access flexibility. Whether you're seeking a secure income stream, a strategic landbank, or a site with mixed-use or redevelopment potential, this versatile holding offers valuable zoning, strong local positioning, and room to adapt. For more details or to arrange a private inspection, contact us today. Note: The current internal fit-out as pictured has been installed by the tenant. Please contact the agent for further information. Disclaimer: All information provided is believed to be accurate at the time of publication but cannot be guaranteed. Buyers should make their own enquiries and seek independent advice before making purchasing decisions.