Subdividable Freehold section of 500m²
All services on-site and ready for development
CV $1,850,000 as of 1 May 2024
Both properties are zoned Business – Local Centre, enabling a wide range of commercial and mixed-use development opportunities. Located just a short walk to Meadowbank Shopping Centre, this is a prime opportunity for redevelopment, land banking, or add-value investment.
KEY FEATURES:
Combined Freehold land area of 1,040m² across two titles (more or less)
Established rental income of $62,000 + GST p.a. (from retail/street-front tenants)
Favourable Business – Local Centre zoning for flexible development options
On-site parking available
Opportunities like this are seldom available. The owner has revised his plans and is now offering this exceptional site for sale.