RAW DEVELOPMENT SITE DIRECTLY BESIDE DA APPROVED 9 LEVEL APARTMENT DEVELOPMENT ONE OF THE LAST OPPORTUNITIES IN WOLLI CREEK

    For Sale$3,523,000
    • Description
    • Details
    • Inspections

    Description

    Property overview;

    • Free Standing Double Brick & Concrete Corporate Headquarters
    • Land size: 543.8sqm | Potential FSR: 3.283:1 current 2.85:1| Height limit: 28 metres
    • Zoning: B4 Mixed Use
    • Approved GFA of 1549.83 sqm / Potential 1785.29 across 9 levels
    • Dimensions (Approx): Front boundary 26.36 m, South western elevation 47.42 m, North eastern elevation 39.33 m
    • 8 Open car spaces, 2 undercover lock up garages
    • 600m to Wolli Creek & 520m to Arncliffe Train Station’s (East Hills, Airport & Illawarra line)
    • Owner occupied—To be sold vacant possession or negotiate a lease with current owners.
    • Approx 400 sqm internal floor space.

    Potential rental income;

    • No.1 Arncliffe Street (Owner occupied)
    • Potential Rent $104,000.00 GAR +GST

    Statutory Outgoings

    • Water $1,325.00
    • Council $4,636.00
    • Insurance $3576.00
    • Land tax $7,017.00

    Rent out whilst awaiting DA approval, Land bank or add to neighbouring DA approved site

    Detail

    Updated on January 26, 2019 at 10:53 am

    • Property ID: DET-5489
    • Price: For Sale $3,523,000
    • Property Type: Development Site, Others
    • Property Status: Commercial Sales

    Inspection:

    As Advertised or by Appointment