Land area 962 square metres with a 20.11 metre frontage and rear lane access.
Zoned R4 High Density Residential. Building height is 17 metres.
The property is strategically located 4 kms from Newcastle and beaches, short walk to Broadmeadow Railway Station and on a major bus route. A multitude of development opportunities permitted with consent including multi dwelling housing and childcare centres.
Located on each block is an existing residence. Both properties are currently leased and returning $780pw. Rear lane double garage, separately metered can achieve an additional $150pw.
Develop now and reap the rewards or let it tick over with an achievable income of $930 per week.
Expression of Interest close 31st March 2017.
Phone Helen or Andrew for an Information Package.
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
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