Two blocks for sale, with existing structures onsite, the vendor will sell separately or combined, a DA is approved covering both sites for 25 units and two commercial units, a CC is underway but not completed.
I have added a property link below for more information, downloads for the DA and other relevant documents for anyone interested in looking at the commercial opportunity for both sites.
Both properties are within the "Lake Macquarie Council" LGA.
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The residential house: 9 Gen Street, Belmont NSW 2280 $800,000 to $880,000
This property is derelict, will require new kitchen and bathroom and a full renovation, it does have a nice street appeal, the home next door has been completely renovated (down hill), currently for sale and guided at $1,029.000 - $1,089.000.
There is some real potential for a renovator to work with the existing structure, upgrading it to a nice residential/investment offering.
RPD LOT 8 DP9457 SEC O
Zoning Mixed Use
Title Ref 8/O/9457
708m2
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Commercial Property: 11 Gen Street, Belmont NSW 2280, $1.2m to $1.3M
The owner has renovated upstairs, not approved for occupation, you would need to apply (STCA) to council for this, underneath is a commercial area, great for storage or sub letting.
RPD LOT 190 DP792998
Zoning Local Centre
VGM 12.180 FRONTAGE
Title Ref 190/792998
Land Size 778m2
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These sites are located in a great part of Belmont, easy access to transport, shops, the lake, schools, TAFE, Fern Leigh track and Beaches.
Inspections are welcome, by appointment.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
