Lucrative Development Opportunity in Sought-After City-Fringe

24 Fern Street, Islington, 2296

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350,000 AUDEst. Mortgage: AUD 2,459/monthFor Sale
  • Ownership Type Residential Land
  • Property Area 236 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 17th Jun, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Get set for a prosperous future with a blue-chip 236m2 block in a sought-after city-fringe setting. Zoned Mixed Use 1 and boasting an exceptional location and lifestyle, this blank canvas offers a diversified list of lucrative development opportunities to capitalise on. From shops to offices, food and drink premises to light industries and shop top housing, it offers an enviable chance to create an enterprise or a custom home with commercial space below (STCA).<br/><br/>Nestled within an on-trend suburb that’s rich with character and culture, it also places you footsteps from one of the city's most popular places to meet, eat, shop and socialise – iconic Beaumont Street. Beautiful parklands are also close by, giving you places for summer picnics or morning strolls, with quick access to local grocery stores, bakeries, boutique homewares and specialty retailers within this bustling community.<br/><br/><br/>Additionally, take advantage of being under 3km to Marketown Shopping Centre, the Newcastle CBD and Honeysuckle waterfront precinct, while multiple pristine beaches beckon within a 5km radius. Plentiful public transport is on your doorstep too, with Hamilton Train Station 290m away and regular bus routes running to and from university campuses, the CBD, beaches and more.<br/><br/>Seize your chance to unleash the untapped potential this vacant block promises.<br/><br/>Property Specifications:<br/>- Vacant 236m2 block in a sought-after city-fringe location<br/><br/>- Exceptional location and lifestyle opportunity, ready for you to unlock its full potential<br/>- Zoned Mixed Use 1 (allowable land enhancements may include: shops, offices, food and drink premises, shop top housing and light industries – STCA)<br/>- Approx. 150m walk to iconic Beaumont Street and its cosmopolitan cuisine scene<br/>- Central to local parklands, grocery stores, bakeries, boutique homewares and specialty retailers<br/><br/>- Within approx. 5km radius of beautiful Bar Beach, Nobby’s Beach and Newcastle Beach<br/><br/>- Plentiful public transport, 290m from Hamilton Train Station plus regular bus routes to and from university campuses, CBD, beaches and more<br/>- Under 3km to Marketown Shopping Centre, Newcastle CBD and Honeysuckle waterfront precinct<br/><br/><br/>(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)

Location on Google Map

24 Fern Street, Islington, 2296

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