UNIQUE DEVELOPMENT OPPORTUNITY!
Astute developers and investors take note; this once in a lifetime opportunity is now yours for the taking.
In the heart of the Canning Bridge Precinct, amongst quality homes and thriving businesses, sits this impressive 1011sqm (DOLA approx) allotment zoned R50 with a current Commercial Centre Frame use.
The existing residence, currently leased at $780 per week, comprises 4 bedrooms, 2 bathrooms and abundant off-street parking, just minutes to the picturesque Esplanade foreshore, Raffles Hotel, transport and more.
Future development allows for multi-unit (potentially up to 10 storeys*) construction of a primarily residential nature which may include offices and medical practitioners, taking full advantage of the potential river and city panorama.
A lifetime of choices await, you just have to make one. Contact the exclusive agent for a copy of the information memorandum and secure your future today!
*City of Melville - Canning Bridge Precinct Vision
Council Rates: $1,894.20 pa
Water Rates: $943.45 pa