This unique property comes to market offering prime position coupled with multiple business or residential prospects. A 626m2 corner block holding a solid double brick dwelling in an R2 low density zone is a rarity in this desired lower North Shore suburb of Artarmon. Nestled amongst beautiful homes and just a short walk from local shops, train station and a highly regarded school, it also offers easy access to the Pacific Highway, freeway and Lane Cove Tunnel. A rare opportunity for investors, developers or home buyers alike, opportunity awaits to transform the space to suit your vision.
Currently operating as a fully functional family owned 28-place childcare centre, this well-established business has been a beloved community fixture for 17 years. This is an opportunity for approved childcare providers to purchase the property and re-establish it as a centre with the existing service approval handed over or it can be bought and then rented as a childcare centre with high value land holding.
Buyers seeking a family home can easily re-invent this previously 3-4 bedroom property as all structural integrity exists. This double brick home is high set with front and rear verandahs, all existing fireplaces and high ceilings. It also has a double garage (currently converted into a purpose-built studio space and tool shed), an additional lock up parking space, outdoor undercover workshop area, large open space that can be used as a garden or playground and a convenient outdoor bathroom.
Providing a blank canvas for incomparable developmental opportunities within a highly affluent suburb, the site boasts a primary street frontage of over 15m and is a corner lot with the secondary street access including an existing vehicle crossover to double garage area. Council controls have generous but currently underutilised Floor Space Ratio, Site Coverage and Height of Building allowances. Northern sun access is to the rear of the property with no southern neighbour, these factors create potential development options including but not limited to; extensive renovation, new large home, attached and detached dual occupancy, secondary dwelling and manor house development subject to council approval.
This unique parcel of real estate will be sold by Tender. To formally place your expression of interest with Reece Realty contact Allen Reece on 0409 814 400.
