Exceptionally well-located and featuring enormous proportions, this unique warehouse building represents an outstanding option for buyers looking to capitalise on vast untapped potential. It occupies an entire 720sqm street block with 4 frontages and holds an R1 general residential zoning with many future possibilities (STCA).
Inside there is a very spacious open plan layout with vaulted ceilings, sky windows, concrete flooring & loading dock. An adjoining space has been set up as a 4 bed residence, large warehouse space plus there is a large courtyard and secure off street parking for 4 or more cars. There is also prominent exposure for signage needs and advertising income revenue available.
Currently leased and achieving solid rental returns, this is an exceptional opportunity to secure a prime piece of real estate with excellent future scope to redevelop, upgrade or re-purpose (STCA).
This popular city fringe location is situated 6km from the CBD, less than 1km from both Newtown and Stanmore train stations and in close proximity to King Street attractions.