Zoned B1, which allows for both commercial and residential development, this 556m2 level block is primly positioned and could be the keystone property to any future development of the Tarrawanna Village.
Currently the property has 1 commercial building, featuring 2 retail shops with vacant land at the rear.
With a Floor Space Ratio of 0.75:1 there is great potential for 3 shops and 3 rooftop apartments(STCA).
The neighbour centre zoning permits a wide range of uses, encouraging both commercial and residential use. Level access to shops, post office and public transport make this a highly desirable location and with the ever increasing demand from the local community, IRT aged care developments, make this the ideal investment.
Please call Chris Ljungdahl today on 0488 877 355 for more information.