1/27 Mitchell Street, Stockton NSW 2295

Locally known as 'Pirate Point Pizza' this single level premises is a rare opportunity to secure an investment in the highly desired suburb.

Ideally located on Stockton's exclusive & only commercial strip, the property lends itself to a range of commercial avenues and or future development.

With a Floor space ratio of 1.5 & a height restriction of 11 metres, the potential to maximise your outcome & build units above subject to council approval (STCA) awaits.

*Permissible in b2 zoning : Commercial premises, such as shops and offices, medical centres, shop top housing and food and drink premises

Positioned just steps away from Stockton's highly acclaimed cafes & shops, Stockton Ferry terminal takes you to the heart of Newcastle CBD in just minutes & approximately 15 minutes from Newcastle Airport and the Williamtown RAAF Base.

FEATURES :

- B2 Zoning
- Height Restriction 11m
- FSR (Floor space ratio) 1.5
- Strata Complex of 3
- Returning $550 p/week + outgoings

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