The Junction199 Corlette Street

Development Prospect With Holding Income

Perfectly positioned near business, beach and schools, this property presents a brilliant re-development opportunity in a sought after location. The property is zoned B(2) Local Centre which allows a mixture of residential and commercial accommodation (subject to council approval).

It is offered for sale with concept plans for (14) studio apartments and ground floor commercial suite.

- Land area 333m (approx.)
- (14) metre height limit
- Floor space ratio 2:1
- Current net income $29,705 per annum

A rare opportunity to acquire property in this blue ribbon suburb and located just (1) minute walk from Junction Fair Shopping Centre.

Contact Agent

Jason Morris

Jason Morris

Raine & Horne Commercial

+61 2 4915 3000

0425 302 778

Property Information

  • Street Address 199 Corlette Street
  • Type Commercial
  • Price SOLD
  • State NSW
  • Suburb The Junction
  • Property Type Offices
  • Land Size 333 m2
  • Building Size 105 m2
  • Floorplans Download
  • Sold Date 10-08-2020

Location Map