224 FULLERTON STREET, Stockton, NSW 2295

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For sale

$799,000

DA APPROVED SITE + HOLDING INCOME

(PLEASE OBSERVE ADEQUATE SOCIAL DISTANCING AND THE 4 SQUARE METRE RULE WHILE INSPECTING PROPERTIES)

Residence with attached commercial shop of 70sq/m. Commanding corner allotment of 560sq/m in prominent location opposite the Hunter River boat ramp & cycle/walk way.

DA/CC approval for 2 x townhouses & retaining the shop premise with works commencement in place.

Outstanding opportunity. Perfect for the astute investor – take advantage of the holding income until you are ready to start your build.

- Two bedroom residence with yard & off street parking leased at $340pw

- Attached commercial shop of 70sq/m leased at $22,880 PA net + 50% OGS + GST. Fit out consists of – Cool room & freezer, overhead exhaust, double sink wash bay & storeroom + outdoor seating area

- Commanding Corner Position opposite Hunter River

- Dual street access DA/CC Approval for additional 2 x dual level Townhouses – plans available

- Great opportunity for multiple income streams

(DUE TO THE EXISTING COVID19 LAWS, PLEASE OBSERVE PHYSICAL DISTANCING WHILE INSPECTING THE PROPERTY)

Property Info:
  • Property ID: L727877
  • Property Type: House
  • Garages: 1
  • Land Area: 559.0 sqm
We Know Your Area
R&H Suburb Profile: Stockton

R&H Suburb Summary Houses
Number of sales 72
Average Price $744,938
Median Price $700,000
Median Rental Price $435 p.w.
Change in Rental Rate (5yr) 4 %
R&H Suburb Summary Units
Number of sales 1
Average Price $495,000
Median Price $426,250
Median Rental Price $400 p.w.
Change in Rental Rate (5yr) 11 %
Stockton, NSW - Median Trend
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