SoldJun 10, 2016

29 Margaret Street, Wyong, NSW, 2259

$545,000

3
1
1
850 m²

House

24 days on the market

Sold: Jun 10, 2016

What's around 29 Margaret Street

Wyong's Most Exciting Development Opportunity 850sqm with B4 Mixed Use Zoning.

This sensational property is centrally located amongst the latest and greatest developments Wyong has ever seen. Offering a vast array of future potentials and providing you with a gorgeous 3 bedroom cottage, full of charm and character that will comfortably accommodate your residential or commercial needs. Currently leased to first class tenants returning $1580.00 per month. The immediate precinct has just been reenergised by the stunning new $12.7M Art House, Frank Balance Park, forthcoming Aldi and is within easy walking distance of the RSL Club, Coles and Village Central Shopping Centre, Railway Station, Racetrack, Court House, Medical Centre's, Schools and TAFE and mere minutes' drive to Westfield's Tuggerah, M1 Motorway, Hospital, beautiful waterways, 1st class golf courses, private schools and all amenities. The development capabilities of this site include: Building height limit of 16 meters. Floor space ratio of 2:1. The B4 Mixed Use zoning allows for (but is not limited to) the following development opportunities *STCA: Boarding houses, child care centres, commercial premises, community facilities, educational establishments, entertainment facilities, function centres, hotel or motel accommodation, information and education facilities, medical centres, recreational facilities, registered clubs, residential flat buildings, respite day care centres, seniors housing, shop top housing, Hi-rise building with part commercial and part residential under SEPP 65. Wyong is strategically positioned in the middle of Sydney and Newcastle and is one of the fastest growing areas of NSW with outstanding future commercial growth prospects (MTA forecast to grow at 3.4% per annum to 2026 more than 2 times the national average of 1.4% per annum). You are only here for one moment and it lasts exactly one lifetime. Do not miss your moment right here, right now. This is a unique opportunity with enormous an future. *STCA Subject To Council Approval. Auction On Site Sunday 19th June 2016 at 11am.

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