This exciting mixed use development opportunity is situated in the high street hub of Five Dock. The site is in the heart of the shopping strip and walking distance to supermarkets, schools, parks, restaurants and a large number of infrastructure nodes, the astute developer will recognise the upside and future growth that Five Dock has to offer.
In November 2015, the Canada Bay City Council adopted new planning controls for the Five Dock Town Centre. The new controls, awaiting gazettal, provide an uplift in FSR and building height to development that meet the prerequisites.
http://www.canadabay.nsw.gov.au/five-dock-town-centre-revitalisation.html
Additional property highlights include:
- FSR of 2.5:1 (plus proposed uplift awaiting gazettal)
- 18.85m frontage and 21.12m at the rear (East Street)
- Potential height limit of up to 24 metres (S.T.C.A and awaiting gazettal)
- Holding income from existing tenant with flexible lease
FOR SALE
CONTACT AGENTS:
Sales and Leasing
Ray White Commercial Inner West
02 9810 3422