RETAIL/COMMERCIAL INVESTMENT WITH DA APPROVAL

Rare opportunity to secure a prime retail/commercial/residential investment with DA approval for further development. Set on a 396.4m2 block of land with 14.6m frontage and located in the heart of Granville Shopping centre with rear lane car access. Features include:

GROUND FLOOR Area 300m2
-Large double width frontage
-Suitable for many uses
-Areas for cool rooms, grease trap facilities etc available
-Numerous separate areas

1st FLOOR Area 150m2 suitable for commercial usage or residential
-2 large bedrooms, huge lounge and dining rooms, updated kitchen and bathroom
-Previously used as solicitors office with data/power cabling available

Zoned B2 with Parramatta City Council
FSR 2:1
Building height 15m

Current DA approval for mixed use development;
-2 Retail areas on ground floor
-2 X 1 bedroom plus study
-2 X 2 bedroom
-3 X 2 bedroom plus study
-1 X 3 bedroom

Potential to lease whole premises to 1 tenant or lease ground floor and 1st floor separately. Further potential to subdivide ground floor into 2 separate tenancies with strong interest from potential tenants.

This is a great opportunity for the astute investor or developer with potential for future further development possibilities.