The Agents Commercial present an incredible opportunity in the heart of Altona. This magnificent property is located in the center of Altona. 5 minutes walk to the Beach and Train station. Prime Commercial Property for Sale: Ideal Retail and Residential Development Opportunity Features: Zoning: Commercial 1, situated in a proven redevelopment precinct, allowing for up to 3 levels (STCA). Development Potential: Perfect for a retail and residential combination, boasting a 99% occupancy rate in the surrounding retail strip. Location: Surrounded by premier Australian brands and easily accessible public transport right at the doorstep. Versatility: The development possibilities are endless, ensuring high popularity and demand. Amenities: Ample parking at the rear, right of way access, and just 500 meters from the beach, offering significant advantages. Don't miss out on this exceptional development opportunity. Envision the possibilities and turn them into reality! This site is perfect for a savvy investor looking for a long-term hold whilst enjoying the capital gains of one of Melbourne's fastest-growing suburbs, or for a developer looking to plan now to capitalize on location. Contact Swarit at 0410 566 196 or Ezaz at 0435 139 323 today for further discussion.