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Raine & Horne Commercial - Newcastle

199 Corlette Street The Junction, NSW 2291

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199 Corlette Street,
The Junction, NSW 2291

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Price information

Sold

$1,200,000

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

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Map of 199 Corlette Street

Directions

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.

Additional information

Property ID: 503479058Last Updated: 9 Aug 2020

0425 *** ***
Raine & Horne Commercial - Newcastle
199 Corlette Street
The Junction, NSW 2291

Raine & Horne Commercial - Newcastle

92-94 Darby Street
COOKS HILL, NSW 2300

Agency contacts

Raine & Horne Commercial - Newcastle
Raine & Horne Commercial - Newcastle
92-94 Darby Street
COOKS HILL, NSW 2300
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Jason Morris

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Jason Morris
Raine & Horne Commercial - Newcastle
199 Corlette Street The Junction, NSW 2291

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Jason Morris

    Jason Morris

    Raine & Horne Commercial - Newcastle
    0425 *** ***