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Huge Building with Residential and Commercial Opportunities

This substantial building consisting of three separate areas (easily redeveloped to contain more) over two storeys is located at the end of tidy cul-de-sac like shopping area, 'The Village'. 

With a huge floor plan over there are opportunities to develop both residential and commercial here, or go totally one way or the other. The demand for residential units for rental is strong, so any development here geared towards residential would be ideal. Zoned Mixed Use, both development types are permitted. 

The upstairs section of the building is a huge open plan office space including kitchenette and toilet, and a separate room/office space. Consider the options for one huge warehouse style unit, or segment the space into multiple one bedroom or studio apartments. 

Downstairs offers additional floor plan - more than twice the space of the upstairs area - with one large workshop offering multiple area for any purpose, it is currently used as the local 'Men's Shed' for wood-working and hobby projects, such is its versatility. A second separate downstairs area is used for a community Boomerang Bag workshop and has a multitude of opportunities also. 

This property has an ideal central location, a huge floor plan and quality infrastructure all for a great price.

 

Address 26g22 The Village, Norfolk Island
Price $550,000
Property Type Commercial
Property ID 465
Category Offices, Retail, Industrial/Warehouse
Land Area 562 m2
Office Area 200m2
Warehouse Area 600m2

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Angie Andresen

02 9188 4024
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