Now offering an exclusive opportunity to own this landmark corner site, located within the recognized Padstow shopping village just metres from the train station.

Currently operating as an experienced & reputable swim school, the ground floor plan consists of:

- Indoor squash court
- Child play-centre & canteen
- 5 lane swimming pool & kids teaching pool
- Additional separate & enclosed kids teaching pool
- Male & female amenities

The buildings second floor plan provides stair case access to:

- Vast open floor space, seating & storage area overlooking squash court & play ground
- 2 individual offices, one with access to rear balcony
- Additional stair well exit to front of building entry & car park

Following this property's great existing potential, a future development report STCA has been generously prepared and available upon request.

The concept plans propose a 4 storey residential & commercial stepped building with basement car parking.

The key development requests include:
- Building height: Up to 4 storey stepped design
- Total floor area: 2,801m2
- Estimated residential floor space could translate into 12-18 residential units (dependant on size)
- Vehicular access: From Iberia Street to 29 basement car parking spaces
- Current FSR 1:1

Take advantage of this established asset with plans for great future profit.

ALL INFORMATION & PROPOSED DEVELOPMENT FEATURES LISTED ARE NOT TO BE RELIED UPON, AND ARE SUBJECT TO COUNCIL APPROVAL BASED ON THE PROVISIONS OF A NEW LEP TO BE FORMULATED.