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