On offer is this exceptional opportunity for buyers
or investors to secure a versatile property and
capitalise on numerous creative possibilities.
Located directly opposite Sydney Park within short
walking distance to St Peters station and King
Street attractions, this attractive building is in great
condition and presents a unique prospect with
many possibilities.
The freehold building is Zoned B5 business
development and is currently approved for a brothel
(though no longer used for this purpose). It sits on
a large 300sqm (approx) land over two separate
titles with dual street frontage and rear access for
up to five car spaces.
The two level floorplan offers many layout options
with 11 ensuited rooms, three reception rooms, 3
additional bathrooms plus kitchen and living
spaces. It is fully air conditioned throughout and
could be converted into a multitude of layouts to
suit many purposes.
This is an ideal investment with scope for use as
a brothel, boutique hotel, childcare or many other
permitted purposes (all subject to council consent).
It is well presented and maintained and has
previously housed a successful business with
potential for a strong income stream.
Raine & Horne Newtown
99 King Street, Newtown
02 8596 3555