Development Site Loaded with OpportunitySituated 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)