Added 2 days ago
10 Treelands Drive,
Yamba, NSW 2464
Medical & Consulting • Offices • Other
Added 2 days ago
Price information
Sale
$1,650,000
Key property information
Land area
Floor area
Car spaces
Tenure type
Private inspections
to arrange a private inspection.
Map of 10 Treelands Drive
Bus stops within 5 km of 10 Treelands Drive, Yamba, NSW 2464 Distance Yamba Rd Before Treelands Dr 89 m Treelands Dr - No (Community Centre) 243 m Yamba West Coach Stop, Yamba Rd 258 m The Mainbrace - Opp.No 692 m Shore Dr - Opp.Noa (Before Opp.Park Av) 809 m POWERED BY HERE ©
POWERED BY HERE ©
Prime Position With Huge Potential
10 Treelands Drive, Yamba, offers the astute buyer the opportunity to immediately secure an income producing investment, but has the potential to expand the returns available on this property.
It has a E1 Local centre zoning (commercial), but also an R3 medium density residential zoning to the rear of the block, which, (subject to Council approval) would allow further development.
Improvements on this 1,102 sq.m. parcel of land currently consists of:-
- Ground Floor commercial area of approximately 175 sq.m., with a lease in place until October, 2025, with a further option to renew for another 4 years. (long term tenant is a Veterinary practice).
- Ground Floor Studio apartment - currently leased to the Vet' practice
- First Floor large 3 bedroom residential unit - currently under long -term lease.
- The property also includes approximately 300 sq.m. of vacant land at rear, zoned R3 medium density residential.
The position of this property is unique - straight across the road from Coles/Yamba Shopping Fair.
With tenants in place showing a respectable net return, and the potential for further development at the rear of the property, and Yamba's seemingly endless growth over the last 10 years, this may be a property for the future, that you don't want to miss!
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
It has a E1 Local centre zoning (commercial), but also an R3 medium density residential zoning to the rear of the block, which, (subject to Council approval) would allow further development.
Improvements on this 1,102 sq.m. parcel of land currently consists of:-
- Ground Floor commercial area of approximately 175 sq.m., with a lease in place until October, 2025, with a further option to renew for another 4 years. (long term tenant is a Veterinary practice).
- Ground Floor Studio apartment - currently leased to the Vet' practice
- First Floor large 3 bedroom residential unit - currently under long -term lease.
- The property also includes approximately 300 sq.m. of vacant land at rear, zoned R3 medium density residential.
The position of this property is unique - straight across the road from Coles/Yamba Shopping Fair.
With tenants in place showing a respectable net return, and the potential for further development at the rear of the property, and Yamba's seemingly endless growth over the last 10 years, this may be a property for the future, that you don't want to miss!
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Additional information
External websites
Property ID: 504535368Last Updated: 23 Aug 2024
04149495...
10 Treelands Drive
Yamba, NSW 2464
Elders Real Estate Yamba | Maclean2/5 Yamba Street
YAMBA, NSW 2464
YAMBA, NSW 2464
