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Adamstown
642 Glebe Road

For Sale

High Density Development Opportunity

Location is key when considering this property, with many essential services within a short driving or walking distance such as Westfield Kotara, New Lambton South Primary School, St Pius X High School and Adamstown Train Station. In addition, 642 Glebe Road is only 4.5km* from Bar Beach and 6km* from Newcastle CBD by road, making it an ideal location for a strata residential unit development or residential flat building investment site.

This 656.7 sqm* future development site offers a holding income of $14,524.92* gross per annum plus GST, zoned R4 High Density Residential the land will be ideal for the development of a strata residential unit or residential flat building investment site.

Our vendors offer this property for genuine sale at Auction.

- Site area 656.7 sqm*
- Zoned R4 High Density Residential
- Holding income from current tenant
- Suitable for residential flat building, boarding house or units
- Level site ready for development (STCA)
- Less than 200 metres* from Adamstown Train Station

*approximately

The property is being offered for sale by Public Auction on Wednesday 9 September 2020 at 11:00am.

Property Id44741100354
Property TypeVacant Land
Land Area656.7 sqm
StatusFor Sale
CityAdamstown
Postcode2289
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Features

Matt Kearney
Partner | Commercial

0427 921 206

matt@commercialcollective.com.au

Brad Crouch
Executive | Sales & Leasing

0411 343 768

brad@commercialcollective.com.au