INVEST or DEVELOP

Zoned Mixed Use R-AC3 (LPS 3 R-Code Design)

Current Use permissible on existing premise:
> Residential - rented at $650 per week until April 2026;
> Commercial - Consultancy/Medical/Physio/Retail-Cafe...STCA.

Description of existing premise:
Brick and Iron;
3 Bedroom x 1 Bathroom;
Lounge, Kitchen/Meals;
Parking for 8 cars;
Direct exposure to Hampden Road commercial/Retail activities precinct.

Permissible Use under current R-AC3 Zoning:
6 Storey;
Plot ratio 2.0;
Zero setback (STC).

Development Approved for property:
6 Storey Mixed Use Retail/Commercial/Residential;
Ground Floor - 1 x Retail;
1st Floor - 2 x Office;
2nd to 5th FLoor - 1 x Residential per Floor;
6th Floor - Roof top garden amenities.