Once in a generation opportunity
- 7 Beds
- 4 Baths
This genuine blue chip development site is located within the heart of the integrated business domain of Tugun and has been tightly held within the same family since 1954.
This domain is intended to;
accommodate a concentration of larger convenience and comparison shopping centre facilities, together with a wide variety of other activities, including office uses and higher order business, personal and community services, entertainment and recreational facilities, and government services within locations convenient to the City's population and to the catchments of individual centres.
Based on the zoning of this site it would be suitable for a range of commercial, business and residential uses such as;
Cafe, Commercial Services, Convenience Shop, Estate Sales Office, Fast Food Premises, Home Occupation, Laundromat, Medical Centre, Office, Restaurant, Shop, Showroom, Take-Away Food, Premises, Units etc. Mixed use development would also be appropriate i.e. office/shop on the lower level with units above.The maximum height of the site is 3 storeys. If the site is to be used for residential purposes, the maximum density would be 1 unit per 50sqm so you would be looking at a maximum of around 8 or 9 units based on a site area of 421 sqm.
With such a unique property that has such a range of different options for re-development, the owner understands there will be differing opinions of the price value from individual buyers. The owner has made the decision that it is time to move on to the new chapter of their life and is fully committed to selling the property at Auction.
Proposed settlement date: 6th January 2014
420m² / 0.1 acres
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