Future Development Site with Holding Income

SOLD

94-96 Nicklin Way

Warana QLD 4575

Land

FOR SALE

249m2

Michael Shadforth & Samuel Hoy from Ray White Commercial Northern Corridor Group are pleased to present to the market 94 & 96 Nicklin Way, Warana.

94-96 Nicklin Way Warana is a large parcel of land on arguably the busiest road on the coast which has served the current owners well as they grew their business into what it is today. A recent report delivered to Council by PWC said that the increase in density along this section of Nicklin way is essential for the coast to be able to keep up with growth and zoning needs to be changed so the demand could be met by as early as 2024.

FEATURES:
- $80,000 P/A NOI*
- Going concern site
- Land 1,456m2
- Two residential houses with commercial business attached to one
- Nicklin Way street frontage
- Perfectly positioned for rail corridor upgrade

Please contact exclusive agents Michael Shadforth or Samuel Hoy from Ray White Commercial Northern Corridor Group for more information and to inspect.