17 Kelton Street, Cardiff NSW

For Sale

Development

SOLD

1875m2

17 Kelton Street, Cardiff represents a substantial commercial redevelopment opportunity, in a location known for its strong presence of national retailers. The generous land area, and improvements capable of conversion, are sure to be the right ingredients for owner occupiers and developers alike. This is certainly a rare opportunity in such a tighly held strip of commercial property.

-Opportunity – 6,330sqm approx zoned 3(1) Urban Centre under Lake Macquarie Council LEP 2004; 8 individual land titles

-Improved – Substantial 1,875sqm approx brick building, former Bi-Lo supermarket (decanted February 2014) with associated loading dock and on site parking for 129 cars

-Location – Tightly held commercial strip, dominated by car retailing, 13km approx Newcastle CBD and drawing from massive residential base in Newcastle and Lake Macquarie LGA’s

-Potential – Conversion of the existing building, or complete redevelopment of the massive land area provide opportunity for a multitude of retailing, commercial or mixed residential uses. The Draft Lake Macquarie Council LEP 2014 zoning provides for, but is not limited to: Child care centres; Commercial premises; Medical centres; Residential flat buildings; Retail premises; Seniors housing; Service stations; Shop top housing. (STCA)
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