3 Massey Street, Gladesville NSW 2111

Located adjacent to Gladesville Shopping Village & public transport, this multi-storey torrens-titled duplex is as convenient as it gets.

Featuring floorboards and tiled flooring on the ground floor, air-conditioned, modern kitchen with quality appliances, dishwasher, eat-in kitchen island, 3 bedrooms upstairs, master bedroom with ensuite, laundry in basement, lock-up garage and offstreet parking for additional car.

Rear lane access to garage from Flagstaff St, Gladesville.

The land is situated within the B4 mixed use zoning meaning there is future development potential for mixed use retail/ residential flat building and new generation boarding house (Subject to council approval).

Sold with existing tenancy on expired lease at $680/week. There is potential to capitalise on the current rent.

For developers: there is the possibility available to acquire the adjacent duplex to amalgamate both duplexes for re-development purposes.

Max height: 9 metres
FSR: 1.3 to 1 (Bonus FSR of 0.5:1 under AHSEPP (Total FSR of 1.8:1 on the site after the bonus is applied)

For more information, visit the NSW government website via the link below:

https://www.facs.nsw.gov.au/providers/housing/affordable/develop/chapters/floor-space-incentives

Land tax exemption also available for boarding house developments.