Positioned right in the heart of Toronto town centre, this double-storey freehold commercial property presents an exciting, affordable gateway into a coveted main street spot that rarely becomes available.
Spanning 240sqm and zoned B2 Local Centre under the Lake Macquarie LEP 2014, this space flexes to fit various commercial/residential uses. Currently arranged with a welcoming reception area, two ground-level meeting rooms, and more than five air-conditioned offices, and two bathrooms upstairs. For those eyeing peak returns, why not transform the upper floor into two separate flats?
Located on The Boulevarde, just 60m from the Victory Street crossing, and a mere stroll to the lake's stunning foreshore and newly enhanced waterfront park, visibility couldn't get better. It's a hotspot for both foot traffic and drivers, perfect for boosting your business or securing solid rental yields.
Don't miss out on this prime opportunity to invest, renovate, or create your ideal business setup in a bustling, vibrant location.
- 240sqm block with approx. dimensions, 13.82m / 25.91m X 22.91, / 6.68m
- B2 – Local Centre zoning
- Gross building area approximately 270sqm
- Good solid structure with pest and building reports available
- Being offered with vacant possession
- Any change of use is subject to approval from Lake Macquarie Council
- Toronto is located approximately 25 kilometres southeast of the Newcastle CBD
- 5 mins - Fassifern Station, 8 mins - M1 Motorway
- 75 mins to Wahroonga on the outskirts of Sydney
Avery Property Professionals are proud to present this home to the market. Please contact Paul Avery today to secure your inspection.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
The size of Toronto is approximately 9.3 square kilometres. It has 21 parks covering nearly 10.8% of total area. The population of Toronto in 2011 was 5,432 people. By 2016 the population was 5,630 showing a population growth of 3.6% in the area during that time. The predominant age group in Toronto is 60-69 years. Households in Toronto are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toronto work in a professional occupation. In 2011, 58.1% of the homes in Toronto were owner-occupied compared with 59.7% in 2016.
Toronto has 3,595 properties. Over the last 5 years, Houses in Toronto have seen a 72.23% increase in median value, while Units have seen a 42.80% increase. As at 30 November 2024:
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