• 372sqm underdeveloped freehold site with excellent road frontage exposure
• High profile 109sqm (approximately) character standalone with parking
• Favourable Business – Mixed Use zoning (additional height overlay - 21m)
• Sought-after city fringe location near to Kingsland village, CBD, CRL station
• Affordable city fringe entry point for investors, occupier or developers
341 New North Road comprises a character dwelling on an underdeveloped 372sqm freehold landholding. The property presents opportunities for investors, developers and owner occupiers.
Perfect for investors looking to capitalise on the rental demand in the city fringe whilst also no doubt benefitting from long term capital gains. Developers can utilise the property’s Business - Mixed Use zoning to either redevelop the entire site to a height of 21m or investigate constructing a second building on the land behind the existing dwelling.
The existing dwelling also presents a live/work opportunity for occupiers to house their business in a trendy high-profile location with the ability to expand and add value.
The options are endless. This is an affordable chance to secure a piece of city fringe gold. Sale price will be including GST.