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87 Young Street, Carrington, NSW 2294

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87 Young Street, Carrington, NSW 2294
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87 Young Street, Carrington, NSW 2294

Properties / Buy / 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
Auction: $1,295,000
DOCUMENTS AVAILABLE
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Auction Date
21 Nov 2024 03:00PM
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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.

For Sale by Public Auction. Onsite Thursday, 21st November 2024.

Onsite at 3pm.

Information Memorandum available on request.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Units, Retail/Shopping Centre, Land Site
Land Area
461.10 m² (*approx)
Selling method
Auction: $1,295,000
DOCUMENTS AVAILABLE
Gain Access
Auction Date
21 Nov 2024 03:00PM
Add to calendar

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.

For Sale by Public Auction. Onsite Thursday, 21st November 2024.

Onsite at 3pm.

Information Memorandum available on request.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Approved
Andrew Walker
Andrew Walker
+61 *** *** *** show +61 402 009 532
Message Message
+61 402 009 532 andrew@street.net.au Message
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4. Property Location

87 Young Street, Carrington, NSW 2294

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5. Market Intelligence Report

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87 Young Street, Carrington, NSW 2294 Carrington
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Street Property - Newcastle
Street Property - Newcastle
287 Hunter Street, Newcastle, NSW 2300
Andrew Walker
Andrew Walker
+61 *** *** *** show +61 402 009 532
Enquire