Pre DA for 29 units (subject to council approval) BOTANY IS AN up and coming suburb of Sydney : Quick and easy access to the airport, CBD, beaches, Olympic pools, and Parks and not far from Sydney Central Business district, Randwick, and the University of NSW. LAND AREA approx 1,511 sqm. Zoned : B4 Mixed use suitable for many uses; Boarding houses; Child care centres; Commercial premises; Dwelling houses; Hotel or motel accommodation; Light industries; Residential flat buildings; AND MANY MORE USES. The added advantage of this Factory property is that it has higher and better (more valuable) zoning being zoned B4 mixed-use with FSR=1:1 and 10.0m height limit and permits a Residential flat building to be developed on the site and furthermore site qualifies also for State Gov'ts SEPP Affordable housing with FSR bonus lifting permissible site FSR to 1.5:1 - can develop a building of 2,266 m2 or say approx 30 unit sites subject to council approval. Sold subject to exiting tenancy, lease expires May 2019 (no option) net rent of $10,000 per month plus GST. PLANS and IM REPORT AVAILABLE ON REQUEST.
PROUDLY OFFERED IN CONJUNCTION WITH VIC KELLY OF VICTOR KELLY PTY LIMITED LICENSED REAL ESTATE AGENTS 0419 212 810