A 2 storey retail shop containing 3 bedrooms, huge lounge room, office, 2 bathrooms, 2 toilets with off street rear parking for 2 cars. This property offers enormous growth potential and loads of possibilities to improve or redevelop.
High exposure position with a huge frontage of 5 metres (approx.) to ‘iconic’ King Street Newtown. Containing a total gross floor space of approximately 240sqm and a massive land area of some 200sqm(approx.) This is a tremendous opportunity for an astute investor, owner occupier to secure this valuable retail/residential property. Floor Space Ratio (FSR) 1.5 to 2.0 Allowable building floor space ranges from 300sqm to 400sqm approx. Maximum Building height limit 14 metres or 4 floors. Zoned B2 Local Centre. Numerous possible uses eg. retail, mixed residential and commercial uses etc. STCA. Land size 5.1M X 38.4M approx. This property ticks all the boxes!
PROUDLY OFFERED IN CONJUNCTION WITH VICTOR KELLY PTY LTD 0419 212 810