224 Fullerton Street
Stockton


$899,000 to $949,000

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Property Features


Property ID: 3266747

Land Size
575.00 m2

Development Opportunity


- DA Approved 2 residential dwellings atop existing commercial build
- Corner block on busy Fullerton Street & Griffith Avenue
- Located directly across from recently expanded Boat Ramp & Stockton walking/bicycle track
- Overlooks the harbour & adjacent parkland
- 200m from Stockton beach
- Approx. 575m2 block
- Commercial premises 69.3m2

Commercial space:
- Ground floor 69.3m2 plus utility/storage room
- Rent return approx. $40,000 p/a
- Appealing location on main road coming into Stockton & views over Hunter River
- Across from Stockton Boat ramp
- Ex-cafe fit out; Existing walk-in cool room & freezer, Overhead exhaust, double sink wash bay & third sink for hand-washing
- Side access could be utilised as added deck/seating area

Existing Residential premises:
- Two-bedroom, single bathroom
- Single garage space + off-street parking
- Expected rental return $350 p/w

Option to use as existing combined commercial/residential lot with a long-term option to redevelop off the plan. Potential to occupy one dwelling & rent out the second & downstairs commercial premises.

DA approval for two residential dwellings;
Dwelling 1:
- 2 bed 2 bath 1 garage
- Open-plan Kitchen, living & dining overlooking Hunter river
- Private access
- Private Courtyard
- Private north-facing balcony
- Large terrace overlooking Hunter river & boat ramp

Dwelling 2:
- 2 bed 2 bath 1 garage
- Open-plan Kitchen, living & dining
- Private access
- Private courtyard
- Private north-facing balcony

AUCTION ONSITE SATURDAY 7TH APRIL @ 9:00AM