http://www.realcommercial.com.au/503532306

DEVELOPMENT SITE FOR SALE – HOMEBUSH

Commercial Leasing Sydney has been exclusively appointed to offer for sale.

Key property and investment highlights:
DA approved for 40 apartments with 65 car parking spaces
FSR of 77 apartments (approval pending)
Comprehensive progressive renovation program
Substantial 1,414sqm (approx.) freehold site offering four street frontages and excellent exposure, and a total building area of 2,827sqm (approx.)
Flexible B4 Mixed Use Zoning
Potential for full residential conversion, short term accommodation or long term accommodation uses such as student accommodation or co-living (STCA)
Strategically positioned to benefit from Homebush Metro/Stations, Australia’s busiest sporting and entertainment venues attracting around 10 million people movements during 2018.

This sale represents a rare opportunity to enter the Sydney investment market through an asset with excellent business and real estate fundamentals, together with sizeable future repositioning potential.

Contact Simon Larkins for more information and inspections.
Tel: 0434 25 44 11
or – Josh Crealy on 0402 248 186

Location