Three properties to be sold together as one! This exceptional corner townhome development site, with 3 frontages, offers 1,132 sqm approx. of flat land in the heart of Mayfield. This is a fantastic opportunity for a savvy developer/builder to build up to 8 townhomes (STCA) with a potential $4m gross revenue in this high growth suburb, just moments from all of Newcastle’s best landmarks.
Concept plans and forecast sales figures are available upon request.
The Site:
This is an ideal multi-townhome development site in a Medium Density Residential (R3) Zone within Newcastle City Council. The 3 combined properties are located on the corner of Sunderland Street and Roe Street, with rear lane access to all properties and no easements.
The total land size of the 3 properties is 92 ft wide x 132 ft deep approx. comprising:
56 Sunderland is 33 ft wide x 132 ft deep approx. and is situated on...