The Junction
199 Corlette Street
333sqm
105sqm
4

sold

Development Prospect With Holding Income
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Perfectly positioned near business, beach and schools, this property presents a brilliant re-development opportunity in a sought after location. The property is zoned B(2) Local Centre which allows a mixture of residential and commercial accommodation (subject to council approval).
It is offered for sale with concept plans for (14) studio apartments and ground floor commercial suite.
- Land area 333m (approx.)
- (14) metre height limit
- Floor space ratio 2:1
- Current net income $29,705 per annum
A rare opportunity to acquire property in this blue ribbon suburb and located just (1) minute walk from Junction Fair Shopping Centre.
WE'VE CONSISTENTLY BEEN THE GO-TO TEAM FOR ALL LEASING, SALES, MANAGEMENT, AND ADVICE - WITH A SMILE.
We're all about opening possibilities. Moving up, down, across, bigger, better - or as we like to say "Always a good move". We're shaking things up to do things differently, better, more effectively. Because, at the end of the day, it's really all about you. What do you want? What's your next move? How can we make that the best possible experience for you, your property, your lifestyle, your business? That's why we're here. That's what we do, and we have the team and the insights to make that happen.