311-314 Whapload Rd 18,919 SF Flex Building Lowestoft NR32 1UL $2,269,993 CAD ($119.98 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Planning consent has been granted
  • 1 mile to Lowstoft station
  • Bicycle & Car Parking

EXECUTIVE SUMMARY

The land as it exists extends to approximately 0.23 acres and consists of a number of buildings some of which have substantially commenced.
Planning permission has been granted in three phases.
Phase 1 - Conversion of existing four storey building to provide four ground floor commercial studio's and 12 residential apartments on the upper floors (part completed).
Phase 2 - Conversion of existing building to provide two ground floor commercial studios and 6 residential apartments above.
Phase 3 - Conversion of Listed warehouse unit into two 'live work' units consisting of ground floor studio commercial space with two, two-bedroom apartments above.

PROPERTY FACTS

Price $2,269,993 CAD
Price Per SF $119.98 CAD
Sale Type Investment
Tenure Freehold
Property Type Flex
Lot Size 0.23 AC
Rentable Building Area 18,919 SF
No. Stories 4
Year Built 1960
Tenancy Single

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Listing ID: 28926313

  • Date on Market: 2023-07-06

  • Last Updated:

  • Address: 311-314 Whapload Rd, Lowestoft NR32 1UL