Price Guide on Request
24 Railway Street, Merewether, NSW 2291
Exceptional Opportunity with Three Street Frontages, B1 Zoning and DA Approval
Occupying three street frontages and capturing excellent exposure opposite the refurbished Prince Hotel, just 220m from Lingard Private Hospital and 450m from the beating heart of The Junction, this unique opportunity presents the ultimate in commercial and residential flexibility.
Currently on site is a tired 3-bedroom weatherboard home returning $425 per week in rent, however the real value is in the B1 Neighbourhood Centre zoning and DA approval to demolish and build an approximate 236sqm commercial premises.
- Ideal for medical, veterinary, retail, childcare or commercial uses, (STCA)
- High exposure to busy Glebe Road
- DA approval already in place for approximate 236sqm commercial building
- Frontages to Railway Street, Lingard Street and Morgan Street
- Short term income of $22,100 per annum
- Take advantage of the current DA approval or explore options for residential development
Currently on site is a tired 3-bedroom weatherboard home returning $425 per week in rent, however the real value is in the B1 Neighbourhood Centre zoning and DA approval to demolish and build an approximate 236sqm commercial premises.
- Ideal for medical, veterinary, retail, childcare or commercial uses, (STCA)
- High exposure to busy Glebe Road
- DA approval already in place for approximate 236sqm commercial building
- Frontages to Railway Street, Lingard Street and Morgan Street
- Short term income of $22,100 per annum
- Take advantage of the current DA approval or explore options for residential development
Property Info
Municipality
Merewether
AUCTION
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