DA APPROVED SITE + HOLDING INCOME
Residence with attached commercial shop of 70sq/m. Commanding corner allotment of 560sq/m in prominent location opposite the Hunter River boat ramp & cycle/walk way.
DA/CC approval for 2 x townhouses and retaining the shop premise with works commencement in place.
Outstanding opportunity. Perfect for the astute investor – take advantage of the holding income until you are ready to start your build.
– Two bedroom residence with yard & off street parking with potential rental of $340pw
– Attached commercial shop of 70sq/m leased at $20,800 PA net + 50% OGS + GST. Fit out consists of – Cool room & freezer, overhead exhaust, double sink wash bay & storeroom + outdoor seating area
– Commanding Corner Position opposite Hunter River
– Dual street access DA/CC Approval for additional 2 x dual level Townhouses – plans available
– Great opportunity for multiple income streams