19-21 Belmore, MAITLAND NSW 2320
$950,000 - $1,000,000 (GST na)
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- 8 Feb 2017
Large Commercial/Residential Development Site Subject to DA Development Bank!!!
Set between the main road and a council car park on 1312 m2 parcel of commercial land and is in the center of the retail activity in the heritage suburb of Lorn.
Currently two properties old house and fish and chip shop returning approx. $750 per week.
The topography of the land lends itself to car parking underneath the street level building, if constructed with council approval.
It would be possible to have retail and office space on street level with apartments on first floor.
This is an opportunity to develop in Maitland’s most expensive residential suburb that has continuously showed more capital realization then any other suburb and only a short walk to the river and city center.
Maitland is the fastest growing country city in NSW.
Would be suitable for Boutique Apartments.
For more information ring Anthony Sarroff.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
19-21 Belmore MAITLAND