Description
Fantastic Location for Development
This is a terrific opportunity to secure a great development site. On offer are three properties on separate titles. There is potential to build 24 apartments with a mixture of 1,2 and 3 bedroom units, as well as a commercial space and secure car parking for 27 vehicles (subject to council approval). The land size in total is approximately 1,236m2 and is zoned B4 for mixed use.
Detailed Information Memorandum available upon request.
Current Dwellings:
14 Brunker Road Broadmeadow – The property consists of retail space which is ideally suited for offices or showroom retail space. Currently leased for three years, no option, with lease expiring in June 2022. Improvements include large workshop garage at the rear and a total land area of approximately 379m2.
16 Brunker Road Broadmeadow – The property consists of retail space and an attached residential self-contained flat at the rear which is on a short term lease of three months. Retail space vacant. Total land area is approximately 478m2.
18 Brunker Road Broadmeadow – The property is a single storey weatherboard and iron dilapidated three bedroom residential dwelling. Land area is approximately 379m2. Currently vacant.
Local area information:
Broadmeadow is a highly sought after location and is conveniently located being only 6km to the CBD. The sites specifically are located within walking distance to the Broadmeadow Train Station, Merewether High School, Newcastle Race Course and there is an abundance of public transport. Close proximity to other schools, local shopping centres, sports grounds and parks.
Contact Joe Di Claudio for more information on 0412 251 434 or joe@dowlingpropertygroup.com.au