A) Established tenants in tail end of lease - therefore renegotiate and secure long-term. B) Value add via immediate refurbishment and improve annual income. C) Capitalise on underlying zoning and develop to full potential. Land area: 1692 m2, with a principal frontage of 35m. Gross building area: 2469 m2. Net annual Income: $195,787 currently. $315,287 estimated fully let basis. Zoned/DDO : Capital City Zone 1. DDO30, permitting up to 30m/8 levels (STCA).
