IDEAL VALUE ADD OR DEVELOPMENT OPPORTUNITY TO BE SOLD AS A GOING CONCERN IN THE HEART OF SUTHERLAND’S SHOPPING PRECINCT
Features:
- Situated on 582m2 of land
- FSR 3.5:1 | 2037 sqm GFA allowed
- Width 12.2m length 47.75 metres
- Height limit 30 metres
- Zoning: B3 Commercial Core
- Local council: Sutherland shire Council
- Valuable rear lane access via Boyle Lane
- Current site accommodates 3 commercial lettings
- Current GAR $92K gross
- Concept plans available for Option 1 – 56 room boarding house apartments, Option 2 – 28 apartments & Option 3 – 32 apartments (STCA)
- A total of 10 car spaces via Boyle Lane and President Avenue
- Circa 1950’s construction
- Stroll to Sutherland train station (main line) & major bus hub
- On the door step to major shops, hotels, clubs and eateries
- An excellent opportunity to take advantage of the zoning and height limit on offer
“Ideal value add or development opportunity in the heart of Sutherland’s shopping precinct”