45 John Street, The Oaks, presents a prime opportunity for development or investment in a rapidly growing area with favorable zoning, existing approvals, and promising future prospects.
Key note attributes:
1. Land Area and Building Potential: The property boasts a generous land area of 804 sqm, with an approved building area of 310 sqm. Additionally, there's a significant upside potential of an additional 300 sqm if the undercroft is utilized for extra commercial space or shop top housing.
2. Desirable Location: Situated in a desirable area, this property is strategically positioned to capitalize on the growing market in The Oaks.
3. Zoning and Permitted Developments: The property is zoned B2 Local Centre, allowing for a range of developments, including shop top housing, childcare facilities, medical centers, pharmacies, retail, and office spaces.
4. Current D.A. Approvals: The property already has existing Development Application approvals with the Wollondilly Council, valid until 22/08/2028. Detailed information regarding these approvals is available upon request.
5. Parking Facilities: The property has approval for 16 onsite car spaces, including undercroft and rear onsite parking, providing convenient access for tenants or customers.
6. Lease Opportunities: There are prelease opportunities available for negotiation, with the potential to build according to specific requirements, ranging from 100 to 310 sqm of available space.
7. Strategic Location: The property's proximity to major areas such as Camden, Picton Town, Narellan Town Centre, and Campbelltown, positions it favorably for attracting businesses and customers.
8. Benefit from Expansion Plans: The property is set to benefit from Southwest expansion plans, including Wollondilly 2040, Wilton 2040, Greater Macarthur Growth Area, and the Western Sydney Airport. Proposed major arterials like the M9 orbital will enhance connectivity to key employment hubs.
9. Population Growth: The Wollondilly Shire Council population forecast indicates significant growth potential, with the population expected to reach 98,401 by 2041, presenting a promising market for various businesses.
Call Carly or Michelle for more information.
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.