451 Pacific Highway, Belmont
This prominently positioned property provides a vast array of opportunity with a (3) car garage at the back of a free-standing office building with frontage and exposure to the Pacific Highway.
| LEGAL DESCRIPTION | Lot 34 in DP 15506 |
| LOCAL GOVERNMENT AREA | Lake Macquarie City Council |
| ZONING | MU1 Mixed Use |
| LAND AREA |
688sqm |
| NET ANNUAL INCOME | Nil – offered vacant Potential lease income $52,000 net per annum |
| OUTGOINGS | $8,835 |
| SALE PROCESS | Public Online Auction |
LOCATION
Embedded Map
Address: 451 Pacific Highway,, Belmont, NSW 2280, Australia
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Located just 1km from Belmont CBD and offering massive signage opportunities both on the building and the front pylon sign.
THE PROPERTY
The office building construction is of brick / block externally & rendered brick internally and it has an iron roof. The rear garage has (3) separate roller doors & bays and has a skillion roof providing extra storage at the rear. The site is sealed with bitumen & concrete, there is on-site parking for up to (4) vehicles; in addition to the garaging. There is a cyclone type gate at the front entrance to secure the site.
Featuring:
- Office building with modernised interior and includes 3 separate offices - Ducted air conditioning
- Secure yard offering parking for at least 4 additional vehicles
- Extra storage area behind the 3 bay garage
- Offered with vacant possession
ANNEXURE A: FLOOR PLANS
FINANCIAL SUMMARY
OUTGOINGS
| Council rates | $ 4,020 |
| Water rates | $ 850 |
|
Land Tax (single holding basis) |
NIL |
|
Insurances |
$3,965 |
|
TOTAL |
$8,835 |
TOWN PLANNING
KEY DETAILS
| Local Government Area | Lake Macquarie City Council |
| Zoning | MU1 Mixed Use |
Zone MU1 Mixed Use
1. Objectives of zone
- To encourage a diversity of business, retail, office and light industrial land uses that generate employment opportunities.
- To ensure that new development provides diverse and active street frontages to attract pedestrian traffic and to contribute to vibrant, diverse and functional streets and public spaces.
- To minimise conflict between land uses within this zone and land uses within adjoining zones.
- To encourage business, retail, community and other non-residential land uses on the ground floor of buildings.
- To support nearby or adjacent commercial centres without adversely impacting on the viability of those centres.
2. Permitted without consent
Environmental protection works; Home occupations
3.Permitted with consent
Amusement centres; Boarding houses; Car parks; Centre-based child care facilities; Commercial premises; Community facilities; Entertainment facilities; Function centres; Information and education facilities; Light industries; Local distribution premises; Medical centres; Oyster aquaculture; Passenger transport facilities; Places of public worship; Recreation areas; Recreation facilities (indoor); Registered clubs; Respite day care centres; Restricted premises; Shop top housing; Tank-based aquaculture; Tourist and visitor accommodation; Vehicle repair stations; Any other development not specified in item 2 or 4
4. Prohibited
Agriculture; Air transport facilities; Airstrips; Animal boarding or training establishments; Camping grounds; Caravan parks; Cemeteries; Dual occupancies; Dwelling houses; Eco-tourist facilities; Electricity generating works; Exhibition villages; Extractive industries; Farm buildings; Forestry; Freight transport facilities; Heavy industrial storage establishments; Heavy industries; Helipads; Open cut mining; Resource recovery facilities; Rural industries; Secondary dwellings; Semi-detached dwellings; Sewerage systems; Truck depots; Vehicle body repair workshops; Waste disposal facilities; Water supply systems
DOCUMENTS
SALE PROCESS
SALE DETAILS
Public Online Auction
For sale by Openn Negotiation (public online auction).
Contact Movable for further details and to become a qualified bidder.
INSPECTIONS
All inspections to be in the company of an authorised Movable agent or representative
LEGAL DETAILS
Evans & Wislang Solicitors
Dylan Mitchell
0447900123
dylan@evansandwislang.com.au
Get In Touch
Agent Details
Jason Morris
Commercial | Partner
Enquiry Form
What is your property worth?
Disclosure
This property memorandum has been compiled by MOVABLE for the information of the interested parties to assist them in deciding whether they are sufficiently interested in the property offered for sale to proceed with further investigation of the property. The information does not constitute all or any part of an offer or contract for sale, and is intended as a guide only.
The information contained in the Memorandum has been prepared in good faith. Interested parties should take note however, that any calculations contained in the Memorandum are based on information provided to MOVABLE by outside sources and have not been independently verified by MOVABLE or the vendor. Any projections contained in the Memorandum, therefore, represent best estimates only and may be based on assumptions which, while reasonable, may not be correct.
Interested parties should not rely on any material contained in a brochure or the memorandum as a statement or representation of fact but should satisfy themselves as to its correctness by such independent investigation as they or their legal or financial advisers see fit.
To the extent that this document includes any statement as to a future matter, that statement is provided as an estimate and/or opinion based upon the information known to MOVABLE at the date of preparing this document and assumptions which may be subsequently proven to be incorrect. Neither MOVABLE nor the vendor warrants that such statements are or will be accurate or correct.
MOVABLE provides this document on the condition that, subject to any statutory limitation to do so, each of MOVABLE and the vendor disclaims liability under any cause of action including negligence for any loss arising from reliance upon this document.
This memorandum is provided by MOVABLE or the vendor on a confidential basis to the recipient for recipient’s sole use and is not to be re-supplied or distributed by the recipient to any other person without the prior written consent of MOVABLE or the vendor and neither MOVABLE nor the vendor is liable for any loss arising for such unauthorised use or reliance.
GST
MOVABLE advises that the financial information in this memorandum relating to income, outgoings and the like are provided without reference to the impact of GST, if any. Purchasers must make their own assessment of the impact of GST on the investment, property, lease etc and the returns derived there from after obtaining independent expert advice.
