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‘Linwood Lodge’
RAW DEVELOPMENT SITE ON 4 LOTS – POTENTIAL FOR STUDENT ACCOMMODATION, BOARDING HOUSE OR STUDIO APARTMENTS
PRIZED LOCATION CLOSE TO CHATSWOOD & ST LEONARDS WITH PANORAMIC CITY VIEWS
Property Overview:
– 35 Rooms with 3 managers quarters
– 3 Separate buildings spread over 3 lots —1x single storey | 2x double storey
– 20 car spaces with 3 undercover car spaces
– To be sold as a going concern
– Land size of approximately 1,823.23 sqm
– A wide 50 metre frontage
– FSR: 0.8:1 | Height limit: 12 metres | Zoning: R4 High Density Residential
– Potential GFA of 1,458.58 (S.T.C.A.)
– LGA: Lane Cove
– Lot DP – 39/-/DP7626 ,3/-/DP367633, 2/-/DP367633
– Average Gross Annual Income of approximately $600,000
– Outgoings:
– Land tax $28,884
– Council rates $7,600
– Operating costs: Upon Application
Inspections: By appointment only.
Updated on October 2, 2018 at 4:11 pm
As Advertised or by Appointment
35 ROOM MOTEL WITH DEVELOPMENT OPPORTUNITY ON 1,823SQM OF LAND - 314 Pacific Hwy, Greenwich NSW 2065, Australia
