43 Young Street, Carrington NSW 2294

Auction Date: June 1, 2024

Auction Location: On site - Auction to be held by Ray White Newcastle Lake Macquarie

For Sale by Auction 1st June 2024 on site

43 Young Street, Carrington presents a unique opportunity to invest or develop in a highly sought after suburb. Its prominent corner location ensures maximum visibility, offering a spacious 166sqm* site area with dual shopfronts currently generating an income of $39,000* gross annually plus GST.

Positioned on the corner of Young Street and Robertson Street, the property falls under the R2 Low Density Residential Zoning, which is a strong prospective for redevelopment projects (STCA).

Key Features:
- Dual commercial shopfronts with a current build area of 141sqm*
- Generating a gross holding income of $39,000* per annum plus GST
- Corner block advantage with a site area of 166sqm*
- Zoned R2 Low Density Residential
- Strong residential development opportunity

*Approximately