CBRE has the pleasure of offering 18 Mark Street, Lidcombe to the market.
The key property highlights are as follows:
- B4 mixed zoning under Cumberland Council
- Corner block with upside
- Holding income $100,000*, opportunity to increase rental yield exponentially
- The property has a 53m* Linear metre frontage to both James and Mark Street
- 12.7m* frontage to Mark Street
- 41.5m* frontage to James Street
- Existing 3x4 bedrooms
- Located only 300m* to Lidcombe Station
- Total site area: 522.605
- Floor Space Ration: 5:1
- Potential to achieve 30 units (STCA) with a GFA of 2613sqm*
The property presents an array of options for prospective buyers, with opportunities for development, boarding house, affordable housing (student/aged care etc), business premises, child care, retail property, serviced apartments and shop top housing STCA.
This property will be sold by way of tender, closing on Thursday 12th April at 3:00pm.
For further details please contact the below listed agents:
Robert Dowdy - 0499 007 000
Alex Mirzaian - 0400 523 523
Peter Vines - 0449 857 100
*approx.