Trophy Newton Building with Development Upside

31-35 Dacre Street, Newton


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Trophy Newton Building with Development Upside | 31-35 Dacre Street, Newton | 1692013 |      X Close

Trophy Newton Building with Development Upside

- Two-level freehold standalone office/warehouse building + carparking

- Fee simple 912sqm land-holding with wide road frontage

- Zoned Business - Mixed Use with 32.5 metre height overlay

- Complete 'state of the art' refurbishment of the entire building

- Vacant - 870sqm of contemporary first floor office plus 318sqm warehousing

- CBD fringe location, just a short distance from Queen Street and CRL station

- Holding income in place, potential for owner-occupiers, investors and developers

This stunning, two level, 1960's building has been totally refurbished and upgraded and now provides contemporary, high stud, office accommodation as well as 318sqm ground floor warehousing (which could otherwise provide secure undercover car parking for 14 cars). Originally used as an office/warehouse, the property now gives office occupiers, investors and future developers to chance to secure a trophy property, complete with future development potential due to its intensive mixed use zoning and 32.5 metre height overlay.

The property occupies a prime position in a sought-after commercial and residential enclave in Newton/Eden Terrace. This location is popular for its easy access to amenities, proven popularity with commercial tenants and in more recent times its sought-after residential apartment developments. Whether as a trophy investment, a new premises for your business or future development site, this immaculate property demands further consideration.

Call now for further information.

31-35 Dacre Street, Newton

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