Income-earning property with significant development potential
172 MONA VALE RD, Ingleside
This multi-purpose dwelling and business premises is situated on 2,004 SqM of level land with ocean views to the rear. Slated for rezoning to medium density townhouses or apartments in the future, the site offers the opportunity to purchase now and wait for rezoning to townhouses and apartments, or just enjoy the benefits of a large rural home with 3 potential rental income streams. The established cattery business is also available as part of the purchase and is ideal for expansion to a full veterinary service (STCA). The ground floor features a 101SqM open plan space at the front which is currently utilised as a cattery, but could support a variety of business uses (STCA). Adjoining, on the ground floor, is a self-contained, 2 bedroom apartment and above it, a separate, self-contained, 3 bedroom apartment with adjoining deck. The site is ideal for a business with dual living on-site and Mona Vale Road exposure. Use it as a business premises and live above, or rent it out until rezoning occurs - either way, 172 Mona Vale Road offers significant future upside with potential for a steady income stream.
Multiple use site suitable for dual accommodation and business operation (STCA)
Slated for rezoning to medium density under the upcoming Ingleside land release
Offers existing dual income investment or residence with potential redevelopment to townhouses or apartments when rezoned (STCA)
2 separate living areas providing 2 bedroom accommodation downstairs and 3 bedroom accommodation upstairs
Existing business can be acquired with purchase of property
Ocean glimpses to the rear
Not...