A combined land area of 1025sqm Zoned R2 which permits development such as childcare, veterinary clinics, medical centres and churches. Subject to Council Approval.
Currently producing 3 incomes totalling $52 000 pa.
289 and 291 Kildare Avenue Blacktown is offered for sale in one line.
289 Kildare Avenue is a total of 564sqm block of land that has two titles attached.
The front of the property is a commercial premise 83 sqm in size. It sits on a 224 sqm lot and is utilized as a bakery. It contains a cool room and commercial kitchen. The property is leased out at $19,500 pa.
The rear property is an older style 3 Bedroom Fibro Tile home, with separate lounge and dining and internal laundry. It is located on a 340 sqm Torrens title lot.
It is currently on a monthly tenancy of $12 500 pa.
291 Kildare Avenue is a 460 sqm parcel of land and it has a 98 sqm caf/restaurant on the site that is currently leased out at $20 000 pa.
These three properties will be sold in one line and offer the astute investor or developer many opportunities to increase the value of their portfolio and to further value add to the site. The site has a secure income and this is a great benefit to you during your DA process if you are looking to develop.