ONE LEFT – Two of these three prime sites within Newtowns famous Barwon River precinct are sold and one remains. Overlooking the river from an elevated position the property is close to Pakington Street and Newtowns famous schools and parklands. Recently re-zoned Mixed Use the remaining site offers the astute purchaser an opportunity to construct high density up to 16.5m or five levels as part of the West Fyans/Fyans Precinct Structure Plan (S.T.C.A). This is a unique opportunity to purchase the LAST remaining site of 2,469m2 with a massive 70m frontage to Fernleigh Street. Existing warehouses onsite may also provide lease income to offset holding costs, or could be suitable for owner occupation or land-banking.
Last remaining of 3 Prime Newtown development sites
Adjacent Barwon River precinct
Close to Pakington Street, schools, amenities
Develop up to 16.5m or 5 levels (S.T.C.A.)
Lot 1: 19A Fernleigh Street 3,266m2 approx. – SOLD
Lot 2: 21 Fernleigh 935m2 approx. – SOLD
Lot 3: 23 Fernleigh 2,469m2 approx.
Zoned Mixed Use