Situated in the shadow of Gasworks (70m) in the prime Newstead river front development locale between Commercial Road and Longland Street (Precinct 2 - Newstead LAP). The site provides immediate access to all the lifestyle facilities this rapidly evolving precinct enjoys including:
- The Gasworks shopping and commercial precinct
- Mirvac Riverpark and the river board walk
- The boutique breweries
- Vernon terrace bars and clubs
- New Farm village, James St and the Emporium are all within walking distance.
For reference, the site is geographically positioned one and a half kilometres north of the City and Story Bridge via Ann St. All northern arterial's, ICB, Airport link, Clem 7 etc. are in easy reach via Skyring Terrace.
Development Opportunity in Newstead - WILL be Sold. .
Level infill site of 930sqm (approx) with north easterly aspect to Masters St.
Dimensions: Frontage: 24M. Depth 38M
Planning outcomes are evident in the street .
Existing improvements consist of free-standing masonry block mixed use including:
- Two level walk up masonry building converted from warehouse.
- Tenancies range from Bar/Restaurant to commercial offices on first level.
- Parking at grade on apron and within building.
- Tenants may be retained with good holding income if desired.
Previously presented as an Investment, the site is now available 'Vacant Possession' at settlement if required.
