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Home in WARATAH
Prime Newcastle area Commercial/Residential Development site.
Centrally located to the busy Waratah, Georgetown and Mayfield shopping Centre's and just a stone's throw to the Mater Hospital this landmark development site represents both varied options and unquestionable opportunities.
With a total land area of approximately 4242m the property is comprised of 9 separate lots and 12 separate tenancies currently returning $187,000pa approximately.
The property is mostly zoned 3(a) Local Centre with the Dulling St properties being 2(b) Urban Core. The owners will consider the following 4 options:
1. Sell the entire amalgamated site
2. Sell 35-37 Station St only
3. Sell 39-41 Station St only
4. Sell 43 Station St and 1,3 Dulling St only.
Huge development potential
High exposure location
Substantial rental stream
Varied options available
4,242m² / 1.04 acres