138-144 Church Street, Gloucester NSW 2422

A true piece of prime real estate located in ever popular Gloucester has made itself available for sale. Sitting on a rarely seen 3,199 sqm parcel of land in the centre of town this magnificent property boasts many great development opportunities.

Zoned B4 Mixed use there are a world of possibilities as to what you can transform this property into! The position is convenient, prominent and provides endless opportunity to the astute investor or developer. Previous DA approval on lot 4 for development of 11 Units and commercial / retail space.

Featuring a 70 Meter Frontage on Church Street & 45 meters frontage to Philip Street, this site would be ideal to host a range of facilities / services (STCA)
The location is just a short stroll to charming main street of Gloucester and its CBD comprising many great Cafes, Restaurants, Pubs, Clubs, Medical Centre, Banks, Boutiques and Much More!

Features:

- Located in a prime location 138 -144 Church Street, Gloucester has 4 lots with a substantial 3,199 m2 footprint.
- Commanding a prominent corner position with 2 street frontages the position offers high visibility exposure to those wanting to run a business from this site.
- Zoned B4 - mixed use provides the flexibility for residential and commercial use.
- The site has previously been used to run the well-known Gloucester Garden centre business.
- One of the main infrastructure is the commercial / retails shop with a 3 bedroom residence above
- The residence is only 10 years old. It is located above the commercial space, offering 3 spacious bedrooms, large well- appointed kitchen, spacious lounge, bathroom with spa bath / shower & laundry, timber floors, large deck and loft area with stunning 360 degree views over Gloucester.
- The property has an abundance of storage option with 2 large sheds
- 3 water tanks plus town water and sewer connections
- Previous DA approval on lot 4 for development of 11 Units and commercial / retail space
- Impressive views of the Bucketts Mountains and the Mograni
- The entire property is fully secured with colourbond fencing panels at the side and chain-link along the road frontage
- The property is complete with Two & Three-phase power.
- Bounded by the main road into the town centre on one side and the main through-road on the other.
- The property was previously rented with a combined rental income of $850 per week
- Located close to all amenities including, shopping centre, Hospital, medical centre, schools and café's & restaurants

This property presents a rare opportunity to acquire a value-add site in the town of Gloucester. Located in the Barrington Coast region approx. 3.5 hours from Sydney, 1.5 hours from Newcastle and 50 minutes to Forster / Taree

* Lots 1-4 are on separate titles, the Vendor would consider selling individually - Contact Agent for Information

Inspections are by appointment. For more information contact Kristy Markham on 0408 643 328 [email protected] or the office on 02 6558 9077.