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60 Harriet Street, WARATAH, NSW 2298

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60 Harriet Street, WARATAH, NSW 2298

Waratah

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60 Harriet Street, WARATAH, NSW 2298
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60 Harriet Street, WARATAH, NSW 2298

60 Harriet Street, WARATAH, NSW 2298

Properties / Buy / New South Wales / Waratah
Development Potential
Property Type
Residential, Commercial
Sub Type
Apartment Sites, Units
Land Area
5,615 m² (*approx)
LGA
Newcastle City Council
Selling Method
EOI: Contact Agent
Show All
Quality Investment & Development Opportunity in Growing Newcastle Precinct
  • 32 x 1 Bedroom Units + Detached House
  • Strong Gross Income of $380,804pa*
  • 5,615sq m* Site Area with Dev. Potential

The Savills Property Insolvency & Turnaround Services Team, in-conjunction with Street Property are pleased to present 60 Harriet Street, Waratah to the open market on behalf of the Receivers & Managers appointed, KordaMentha. The property will be offered for sale via an Expressions of Interest campaign, closing on Wednesday 21 October 2020 at 2pm.

Positioned in the growing Waratah precinct, this quality asset offers a versatile opportunity for investors, developers & owner occupiers. Boasting a large site area of 5,615sq m*, and with its favourable R3 Zoning, makes for one of the most desirable ‘value add’ acquisitions of 2020 for any astute purchaser

The property comprises two (2) separate buildings.

- Main building: 32 x one (1) bedroom self contained units

- Detached house: eight (8) bedroom house with common bathroom, dining & kitchen

- Hardstand car parking

- Strong gross passing income of $380,803pa*

- Zoning allowing for multiple development opportunities (STCA)

- Premier schools and education facilities in close proximity

- Going concern (no GST applicable)

There are limited competing development sites within the Newcastle pocket – Savills & Street Property invite all investors and developers to reach out to our team for further information on this highly desirable opportunity.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

60 Harriet Street Development Site Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Units
Land Area
5,615 m² (*approx)
LGA
Newcastle City Council
Selling method
EOI: Contact Agent

Development Site Highlights

Quality Investment & Development Opportunity in Growing Newcastle Precinct
  • 32 x 1 Bedroom Units + Detached House
  • Strong Gross Income of $380,804pa*
  • 5,615sq m* Site Area with Dev. Potential

The Savills Property Insolvency & Turnaround Services Team, in-conjunction with Street Property are pleased to present 60 Harriet Street, Waratah to the open market on behalf of the Receivers & Managers appointed, KordaMentha. The property will be offered for sale via an Expressions of Interest campaign, closing on Wednesday 21 October 2020 at 2pm.

Positioned in the growing Waratah precinct, this quality asset offers a versatile opportunity for investors, developers & owner occupiers. Boasting a large site area of 5,615sq m*, and with its favourable R3 Zoning, makes for one of the most desirable ‘value add’ acquisitions of 2020 for any astute purchaser

The property comprises two (2) separate buildings.

- Main building: 32 x one (1) bedroom self contained units

- Detached house: eight (8) bedroom house with common bathroom, dining & kitchen

- Hardstand car parking

- Strong gross passing income of $380,803pa*

- Zoning allowing for multiple development opportunities (STCA)

- Premier schools and education facilities in close proximity

- Going concern (no GST applicable)

There are limited competing development sites within the Newcastle pocket – Savills & Street Property invite all investors and developers to reach out to our team for further information on this highly desirable opportunity.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Nicholas Lower
Nicholas Lower
+61 *** *** *** show +61 414 259 494
Message Message
+61 414 259 494 [email protected] Message
Nicholas Lower
Nicholas Lower
+61 *** *** *** show +61 414 259 494
Message Message
+61 414 259 494 [email protected] Message

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60 Harriet Street, WARATAH, NSW 2298

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Property Location of 60 Harriet Street, WARATAH, NSW 2298

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60 Harriet Street, WARATAH, NSW 2298 Waratah
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Savills NSW
Savills NSW
Level 25, Governor Phillip Tower 1 Farrer PlaceSydney, NSW 2000
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Nicholas Lower
Nicholas Lower
+61 *** *** *** show +61 414 259 494
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