Mixed Use Value Add Opportunity The property is situated on the corner of Brunker Road and Glebe Road in the bustling commercial and retail hub of the Adamstown shopping precinct.
The building represents an opportunity to secure a property with flexibility with option to occupy the whole building, refurbish the building or completely redevelop the property (STCA). The property has not been offered to the market in over 40 years.
- Two storey residential / retail building
- Total building area 312 square metres (approx.)
- Total site area 184.5 square metres (approx.)
- Zoned B2 Local Centre under Newcastle LE...
PRIVATE SALE INVESTMENT AND / OR DEVELOPMENT PROPERTY.
3 shops, rented, app. 65K per annum.
Corner property with a very good exposure to pedestrian, cars, buses traffic.
300m from the growing Waratah Shopping Center with Coles and Kmart 24/7 stores.
6 min drive from Newcastle's CBD, harbour and beaches.
Great location right in the middle of generational change suburbs.
Attractive to Sydney buyers / investors with firm vision of the future.
Zoned B2, FRS ratio 1.5 / 800sqm.
Please consult Google Maps.