Colliers is pleased to present For Sale this prime waterfront mixed-use property, ideal for repositioning. Overlooking Shepherds Bay, this rare opportunity provides potential buyers with the flexibility to pursue a range of value-add or redevelopment initiatives. The property’s advantageous MU1 Mixed Use zoning adds to its appeal, fostering a flexible range of uses, including future residential development (STCA).
Key Highlights:
+ Regularly shaped parcel of land with 2:1 FSR & 15.5m height limit
+ Stunning never to be build out water views over Shepherds Bay
+ Mixed Use zoning allows for a variety of uses including residential, fitness, medical, office & light industrial among others (STCA)
+ Buildability; existing basement parking for 16 vehicles
+ Excellent natural light from 3 sides
+ Comparatively low outgoings
+ Bus stops, Train Station & Ferry Wharf all within 500m
+ Short term lease in place; to be sold as a Going Concern
For Sale via Expressions of Interest closing Thursday 10 October 2024 at 3pm (AEDT)
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
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