PROPERTY DESCRIPTION
RARE OPPORTUNITY- BE QUICK. One of the last parcels of vacant land within the City Centre Frame Precinct.
Situated out of flood and no easements. Boasting a 28.4m frontage with a likely building envelope of 324m2 with 7 carparks. Build for one or build for two as the block has the potential for 2 tenancies of 162m2 each with 3 or 4 carparks each or vary the size of each tenancy to suit up to 324m2.
The existing building next door at number 12 McLean Street has been used as an auto electrician up until now. However, this building will undergo a major transformation into a new professional office as shown in the images. Work will commence on the fitout in 2024.
The vacant land on the other side situated at 16 McLean Street will see a modern Real Estate office built and trading from 2025 onwards. So come 2025, this area of the city centre frame precinct will consist of 3 or 4 brand new offices transforming the area.
Very few opportunities remain to secure vacant land within the City Centre Precinct that is out of flood to enable you to build new and certainly nothing at this price point which allows you to build new, tailored to your needs for a similar price as to trying to make an old building work.
With room for a 324m2 building there is the option to build a duplex to accommodate your needs and have a commercial tenant in place next door offering great value for the purchase.
The zoning of “PCZ3 City Centre Frame Precinct” allows for buildings to be built on the boundaries including the front boundary and against the solid wall of the current building of 12 McLean Street, as is evident with existing commercial buildings within the precinct. With this site, Council have advised that no fill is required, that it is likely that no stormwater retention will be required and that no work will be required to extend councils sewage infrastructure as a council sewer connection point is located within 1.5m of the property. Everything is in place. Insite SJC Town Planning is familiar with the site and may be able to provide advice. The site is not on the contaminated land register, so the site is suited to the food industry as well.
This block offers high exposure, plenty of cars drive past your front door to see your business which will increase your profile and visibility with great accessibility of which is incredibly important in many businesses all leading to increased profits and a great investment.
As it is not in the main street you won’t be held up trying to get to your business and find a park. Your customers and staff can come and go with ease and park close at hand. High exposure, in town, out of flood and easy to pop in and out.
Any business you see operating within the City Centre Frame Precinct should be able to operate here. Potential uses include a professional office, dentist, doctor, chemist, hairdresser, retail, food the list goes on. It is simply a place of business.
Priced perfectly for a great investment call Tim McCollum today on 0427 523 088 to secure one of the last vacant commercial parcels of land in town.
Zoning- PCZ3- City Centre Frame Precinct
Land: 571m2
Frontage: 28.4m
Depth: 20.1m
Town water: Yes
Town sewage: Yes
Easement free: Yes
Out of flood: Yes
Fill required: No
Council Rates- $1,794.65 per half year.
Agent: Tim McCollum
Mobile: 0427 523 088
The information provided is for use as an estimate only and potential purchasers should make their own inquiries with council or Insite SJC to satisfy themselves of any matters.