Opportunities like this are not to be missed.
This is a part built 33 unit complex built across three buildings ready to be completed. All studios are designed to have both kitchen and bathroom facilities. Demand for this style of living is in high demand. Positioned within walking distance to Newcastle University and Jesmond shopping precinct.
If you are a builder or an astute opportunist looking for a part project to finish then this property is a must to investigate. Bring this amazing project to the glory that was intended for it to be, positioned in one of Newcastle's premium investment precincts.
Presently at lockup stage. There has been some water egress into the building and damage which would need rectifying before the next stage of building commences.
Present building code guidelines don't allow a build of this size. Due to this being an older DA that has commenced allows the continuation of the project to a finish stage.
To investigate and discuss this rare opportunity contact exclusive listing agent Allen Reece on 0409 814 400