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87 Young Street, Carrington, NSW 2294

+17 Photos

+19 Photos

SOLD

87 Young Street, Carrington, NSW 2294

Properties / Sold / New South Wales / Carrington

Development Approved

1. Property Summary

Property Type

Residential, Commercial

Sub Type

Units, Retail/Shopping Centre, Land Site

Land Area

461.10 m² (*approx)

Selling Method

Private Sale: Guide $1,100,000

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2. Property Highlights

Newcastle's Best Kept Secret

Perfectly positioned in Newcastle's Harbourside suburb of Carrington. Located in the heart of the Carrington Village retail strip where a variety of interesting businesses exist.

This property offers a number of opportunities for the property owner, investor and/or developer.

- A Significant Development/Investment opportunity

- Zoned E1 Local Centre (FSR 1.5:1; 11m height)

- Land 461.1m2

- Existing retail 128m2 (leased to June 2025)

- Approved outdoor and footpath dining

- Dual street frontage

- Single level building recently renovated with rear vehicle access.

- A Development Approval for mixed use featuring a retail space and four apartments (Shoptop Housing GFA 866m2: Retail + 4 apartments + 6 parking - lapsed Nov. 2023).

- CC Documentation completed.

- A new tenant with a stunning fit out and a 12 month lease at $600.00per week net of outgoings.

Rarely is a property of this calibre offered for sale.

Information Memorandum available on request

Remember to mention you found this property on DevelopmentReady

Development Approved

1. Property Summary

Property Type

Residential, Commercial

Sub-type

Units, Retail/Shopping Centre, Land Site

Land Area

461.10 m² (*approx)

Selling method

Private Sale: Guide $1,100,000

2. Property Highlights

Newcastle's Best Kept Secret

Perfectly positioned in Newcastle's Harbourside suburb of Carrington. Located in the heart of the Carrington Village retail strip where a variety of interesting businesses exist.

This property offers a number of opportunities for the property owner, investor and/or developer.

- A Significant Development/Investment opportunity

- Zoned E1 Local Centre (FSR 1.5:1; 11m height)

- Land 461.1m2

- Existing retail 128m2 (leased to June 2025)

- Approved outdoor and footpath dining

- Dual street frontage

- Single level building recently renovated with rear vehicle access.

- A Development Approval for mixed use featuring a retail space and four apartments (Shoptop Housing GFA 866m2: Retail + 4 apartments + 6 parking - lapsed Nov. 2023).

- CC Documentation completed.

- A new tenant with a stunning fit out and a 12 month lease at $600.00per week net of outgoings.

Rarely is a property of this calibre offered for sale.

Information Memorandum available on request

Remember to mention you found this property on DevelopmentReady

Development Approved