2C John Street, Wallsend NSW 2287

At the end of a cul-de-sac, overlooking Federal Park to the North West, this approx. 4861sqm site is zoned R3. This is a key site amongst a larger area that has been rezoned. Interest is called from developers/investors wanting to take advantage of the strong development/residential markets. With Daracon as a tenant on an ongoing basis utilising approx. 66% of the site there is now opportunity to offer the remaining area the this primary tenant or seek an additional tenant for the remainder of the site, holding the property with income until the time is right to develop.