An outstanding residential development site. DA approved 4 storey mixed commercial/residential development and 29 lot strata subdivision.
This development site is located in one of Newcastle's fastest growing suburbs. The proposed development showcases state-of-the-art living, featuring a timeless art deco faade and stunning internal features.
* Site area approx. 1,582m2
* DA approved for 28 apartments + commercial:
- 4 x 1 bedroom
- 14 x 2 bedroom
- 10 x 3 bedroom
- Ground floor commercial space (small- ideal for coffee shop)
* Construction commencement potentially 2019
* Substantial presales (7 exchanged)
* Easy construction with only 4 storeys and parking at ground level
* 4 existing houses with good income potential
* Only around 5km from Newcastle CBD, beaches and Newcastle Harbour, and within a short drive to Westfield Kotara
For further information on this development site and a copy of the Information Memorandum please contact Barry Price on 0402 140 240 or email at barry.price@raywhite.com