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Peakhurst 70 Lorraine Street

bedrooms 2
bathrooms 1
parking 1

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Development Upside

Occupying a substantial corner block in one of Peakhurst's most prime locations, this mixed use development provides an exceptional opportunity to capitalise and add further value across dual street frontages. Currently consisting of a shop on the ground level and residential accommodation on the upper level, this rare offering also contains a lock up garage for one car and an internal courtyard with the potential to extend (STCA). Available for the first time in 45 years and with endless potential, this property is an ideal choice for investors and developers seeking to make the most of an advantageous location and versatile layout.

High Points

  • ‐ An ideal corner block position featuring dual street frontages and E1 zoning
  • ‐ The commercial shop was a takeaway sandwich shop and an ex-butcher
  • ‐ Ideal fixtures and fittings include commercial sinks, freestanding gas oven
  • ‐ Storage and shelving throughout, extra wc on the ground floor and laundry
  • ‐ Two bedroom apartment has its own entry with sunroom, storage, bathroom
  • ‐ The residential is newly painted, with an open plan living and dining with gas
  • ‐ Lock up garage for one car, internal courtyard with additional potential STCA
  • ‐ Adjacent to Hurstville Golf Club and within walking distance to Mortdale Plaza

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

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Highland 170822 0002

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