This is a rare opportunity to purchase a prime piece of freehold property together with long established restaurant on a WIWO basis! This property offers current income together with vast development potential.(STCA)-this site appears to have the potential for ground level commercial premises and two further levels tiered back up the hill, offering a premium location for at least 4 substantial units. Located in one of Nambucca's premier precincts opposite the Nambucca River, Gordon Park, tennis courts, board walks and within central proximity of the CBD.
* Prominent 748sqm corner site zoned B1(Neighbourhood Centre) * Existing restaurant with attached 2 bedroom flat * Views to the Nambucca River and adjoining parkland * Zoning allows for shop top housing with council consent * 8.5m height limit and an unlimited floor space ratio * Elevation at rear will offer exceptional river views * Premium precinct - Gordon Park now subject to revised Landscape Masterplan. * An excellent investment with current business income. * Leasing options also available. Long lease plus equipment $85,000
Whether your intention is to develop, land bank, renovate or owner occupy, this unique property is one not to be missed!
For further information regarding this property or to arrange an inspection please contact the exclusive agents NAMBUCCA VALLEY PROPERTY (02) 6568 3096
All information contained herein is gathered from sources we consider to be reliable. Whilst every care has been taken in obtaining the information no warranty is given as to the accuracy. Interested parties should rely on their own investigations and research.