Occupy, Invest or Develop
The property presents an opportunity to acquire a CBD development opportunity and mixed-use building with holding income. The site has DA Approval for two x four bedroom apartments and a ground floor commercial suite. Currently, the property presents as a ground floor commercial property with existing industrial style hairdresser fitout and a refurbished two bedroom apartment on the first floor with four car parks at the rear.
DA consent was granted on 17 May 2019 for a staged mixed-use development comprising ground floor commercial and first floor residential with car parking access from the rear of the site.
- Site area 196 sqm*
- Maximum height limit 90 metres
- Floor Space Ratio 8:1