This outstanding centrally located 29,670 sq meter (approx.) mixed use Commercial / Development site already offers approx. 4,491 sq meters of leased commercial space with secure long term tenancies on offer showing possible returns of around $1,000,000 dollars or so per annum from the existing structure, not to mention the potential of the substantial amount of residual undeveloped land contained with this site.
This large ideally positioned site within the Lake Macquare Council is not only suitable for the outstanding large commercial/ residential development for which it is approved, but its, but its zoning allows for a mixed use development that may include various commercial and retail uses, some residential preferred, bulky goods outlet/s, retirement living, serviced apartments, maybe even some industrial uses etc.
It’s a fantastic opportunity to work with a very forward thinking and quite accommodation local authority (Lake Macquarie Council – Mr David Lovell) who seems very keen to se the continued growth through development of this very central part of Cardiff.
All enquiries should be directed to Terry Hansen of The St Marys/ Plumpton Professionals Real Estate on 02 9673 4422 or 0419 245 683 or terry.hansen@bigpond.com.