Cambridge, Waipa
price TBC
2,114m2
400m2
Carters Flat - Develop or hold
To be sold at Auction - 06 September 2023, Hautapu Sports Club, 211 Victoria Street, Cambridge (unless sold prior) 2114m2 over 2 titles 1002m2 + 1112m2 400m2 workshops/offices Holding income $41,000 approx significant development potential Located in the Carter's Flat Commercial Zone, 32 & 34 Gillies Street present as an exciting development opportunity in the heart of Cambridge. 32 Gillies Street is a 1002m2 vacant site, offering a range of possibilities for owner-occupiers or developers, while the neighbouring site at 34 Gillies Street is currently tenanted with holding income of $41,000. The recent rezoning of Carter's Flat from industrial to commercial holds significant potential for substantial growth and transformation in the area. This shift in zoning is likely in the longer term to attract a diverse range of businesses, including retail outlets, offices, residential apartments, and service providers, all aiming to capitalize on the more favourable commercial environment. Call today for more information or to arrange a viewing.
Cambridge, Waipa
Web ID
CBC167754
Floor area
400m2
Land area
2,114m2
District rates
$3,878.93pa
LV
$1.520,000
RV
$1,620,000
price TBC
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Deadline Sale
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