29 Grey Street
Clarence Town


$700,000 - $770,000

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Property Features


Property ID: 3466308

Land Size
2023.00 m2

DA APPROVED READY TO BUILD 3 NEW RETAIL SHOPS


Clarence Town is a major growth area that is only 25 minutes to the city of Maitland and 45 mins to Newcastle
With the Williamtown RAAF Base & Newcastle Airport only 30 mins away this has made Clarence Town as a great location to invest in.
With a boom in country lifestyle living , families are locating to regional areas and with a short drive to work, this is put a demand on services.
Prime location in the centre of the main street opposite new medical centre
Opportunity for flexible investment ,.
Currently DA approved 3 new retail shops with CC Ready to start works
New tenant giving income return from original shop
Clarence Town has a demand for new commercial space secure a tenant prior to construction or sell off the plan
OPTIONS

Do nothing with rent income and capital growth
Potential subdivision into small blocks having 2 street frontages
DA approved with CC 3 new shops
Subject to council approval 2 extra retail shops total 5 plus original tenanted shop
Stage development within your Budget
Highly recommend looking at this opportunity




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