This property is a unit in 5/DP2872 St Leonards NSW. In the council area North Sydney, with 0 bedrooms and 6 bathrooms.
Investment with Residential Development Upside A four storey building of approximately 1,634 sqm with ground floor parking for 19 cars. This property being underdeveloped offers an astute investor the opportunity to secure a future mixed use development site (STCA) with the benefit of existing income. Alternatively, the building could be refurbished and either owner occupied or leased out and held as an investment.52 Atchison Street has a wide frontage of approximately 20 meters and sits on a large site of approximately 720 sqm . The building is serviced by a single lift and is occupied by 9 tenants.??? Mixed use zoning??? Site area: 720sqm (approx)??? Value add through refurbishment/redevelopment??? Net income of $325,000 + GST (approx.)??? Building area: 1,634sqm (approx) plus 19 car spaces