328-330 Princes Highway, Corrimal, NSW

For Sale | Buyer's Guide $1,500,000
Development

PRIME INVESTMENT OR REDEVELOPMENT OPPORTUNITY!

The property comprises 2 separate titles, presented on a generous 1760m² level block, zoned "Low Density R2", offering flexibility and future potential (STCA).

Current improvements consist of an established butcher shop and dry cleaner, providing a solid and reliable income stream. The property generates a gross annual return of $74,448 plus water usage, making it an attractive opportunity for investors seeking immediate returns.

Conveniently located only metres from Corrimal CBD, the site enjoys easy access to shops, services, public transport and key local amenities, enhancing its long-term appeal.

Features:
- Total frontage to the Princes Highway = 29.5M
- Low density R2 Zoned.
- gross annual return of $74,448 plus water usage.
- presented on a generous 1760m² level block.
- Conveniently located only metres from Corrimal CBD.

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*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interest party should undertake their own inquiries as to the accuracy of the information published.

Key Features
Property Type
Development
Building Size
346 sqm
Land Size
1,760 sqm
Council Rate
$2,869.22 Quarterly
Water Rate
$399.36 Quarterly

328-330 Princes Highway, Corrimal, NSW

For Sale | Buyer's Guide $1,500,000
Development
Key Features
Property Type
Development
Building Size
346 sqm
Land Size
1,760 sqm
Council Rate
$2,869.22 Quarterly
Water Rate
$399.36 Quarterly
Property ID:
4P14065
Contact Agents

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Office: MMJ Real Estate, North
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