35 ROOM MOTEL WITH DEVELOPMENT OPPORTUNITY ON 1,823SQM OF LAND
Commercial Sales
314 Pacific Hwy, Greenwich NSW 2065, Australia
35 ROOM MOTEL WITH DEVELOPMENT OPPORTUNITY ON 1,823SQM OF LAND
Description
‘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
Details
Updated on January 26, 2019 at 10:56 am- Property ID: DET-5784
- Price: For Sale $9,750,000
- Bedrooms: 35
- Bathrooms: 33
- Garages: 20
- Property Type: Boarding house, Development Site, Lodge, Motel
- Property Status: Commercial Sales
Overview
Property ID: DET-5784
- Boarding house, Development Site, Lodge, Motel
- 35
- 33
- 20