113 Albert Street, Islington

EOI Closes by: 4pm Tuesday, 1 May 2018

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Development Site Loaded with Opportunity

Situated in the heart of Islington, amongst the vibrancy of its latte-lifestyle and only moments from Maryville and Wickham’s thriving industrial business park is the spectacular opportunity to secure this stand-out property.

Offering exceptional versatility and premiere position, the allotment provides plenty of scope to add value. Zoned R4 High Density Residential , the property provides the astute investor the prospect to develop a residential flat building (concept plans available upon request).

Currently upon the land is generously sized hall, previously utilised as a Martial Arts Academy and Health Retreat. Approximately 487m2 in size, the premises comprises a large kitchen/canteen, separate male and female amenities, off-street parking, storage with covered deck and yard to the rear of the property.

• Known in Newcastle City Council records as Lot 1 DP 344553 and is zoned R4 High Density Residential

•Total land size of approximately 1,144m2 with a generously proportioned hall offering an approximate internal area of 487m2.

•Sought-after city-fringe location

•Exceptional lifestyle credentials along with creative, technological, entrepreneurial and educational opportunities

*** Please note this sale is subject to G.S.T.***

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Note the images where the property appears furnished are of a similar floor plan)

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Expressions of Interest

Land Size: 1144m2
Water Rates: Approx. 709.70 p.a.
Council Rates: Approx. $7,000.00 p.a.

Resources

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113 Albert Flyer v2 3 2 ratio with water mark PRINT 113 Albert 07 3 2 ratio with water mark 0755 3 2 ratio with water mark 0763 3 2 ratio with water mark 0773 3 2 ratio with water mark 0774 3 2 ratio with water mark 0752 PRINT 113 Albert 06 Concept Plan