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224 Maitland Road Islington, NSW 2296

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224 Maitland Road,
Islington, NSW 2296

Showrooms & Large Format Retail • Development Sites & Land • Offices

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MIXED USE ASSET WITH VALUE ADD OPPORTUNITY

The sought after location will provide opportunity for developers looking to capitalise on proximity to Newcastle CBD, proximity to public transport. Opportunity for mixed use development or diverse range of uses permitted under the zoning.

The Property provides an excellent opportunity for an owner occupier or investor alike to purchase an outstanding mixed residential and commercial investment. The Property is in the prime position and the building has been well maintained both internally and externally. The well improved complex combines outstanding showroom area with potential for commercial office retrofit plus first floor residential component.

The Property comprises one individual lot with a land area of 532.3sqm approximately and is zoned R4 High Density Residential under Newcastle City Council's Local Environmental Plan 2012. The property has the capacity for residential development under current zoning.


The Property offers the following attributes;
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-Easy access into and out of Newcastle CBD, public transport hub;
-Land area of 532.3sqm approximately
-Corner site with frontage to Maitland Road;
-Secured carparking offering seven (7) carspaces;
-R4 High Density Residential zoning;
-Potentially Suitable (STCA) for residential and commercial development or a variety of uses including, but not limited to: Attached dwellings; Boarding houses; Business premises; Child care centres; Health services facilities; Home businesses; Hostels; Multi-dwelling housing; Neighbourhood shops; Office premises; Places of public worship; Residential flat buildings; Respite day care centres and Shop top housing

Property ID: 501164967Last Updated: 5 Jun 2015

02 4920 57...
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224 Maitland Road
Islington, NSW 2296
Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302

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