Take advantage of this prime development site offering unlimited height potential and the option for holding income base on a lease involving the current tenant. Currently occupied by a workshop, this 769sqm property presents an exceptional opportunity for various development possibilities.
Property features:
• Land area: 769sqm
• Net lettable area: 740sqm
• Plot ratio: 4:1 with a maximum bonus ratio area of 50% 6:1
• Workshop building with lane way access along the northern boundary
• No prescribed height limit
• Close proximity to public transport
• Potential inner-city views
• Available with a leaseback option
• Ideal for various developments such as office, residential, student accommodation, or hotel, this site offers immense potential in sought-after location.
For further information or to arrange an inspection, please contact
Stephen Harrison
0421 622 777
stephen.harrison@raywhite.com
Michael Danagher
0403 049 989
michael.danagher@raywhite.com