For Sale

UNIQUE PROPERTY WITH MULTIPLE REVENUE STREAMS & DA APPROVAL

EOI

105 Regent Street, New Lambton

Description

Solid low maintenance mixed residential and commercial building prominently located within the New Lambton retail precinct, now offered with valuable development upside.

The existing improvements comprise a spacious 4 bedroom, 2 bathroom residence with ducted reverse cycle air conditioning. Attached to the home and fronting Regent Street are multiple commercial tenancies. When fully let, this property provides a net income in excess of $100,000 pa.

The property further benefits from a current Development Approval for a high quality mixed use redevelopment, comprising three large, architecturally designed townhouses and a state of the art commercial space, providing significant future value.

A highly versatile asset suited to owner/occupiers, investors and developers seeking strong holding income with the ability to unlock long term development potential.

Offered For Sale by Expression of Interest closing 4pm, ???