Case Studies

195 – 199 Great North Road, Five Dock, NSW

This exciting boutique residential development opportunity is situated in the high street hub of Five Dock. The site is in the heart of the shopping strip and walking distance to supermarkets, schools, parks, restaurants and a large number of infrastructure nodes, the astute developer will recognise the upside and future growth that Five Dock has to offer.

In November 2015, the Canada Bay City Council adopted new planning controls for the Five Dock Town Centre. The new controls, awaiting gazettal, provide an uplift in FSR and building height to development that meet the prerequisites.

Additional highlights include:
• FSR of 2.5:1 (plus proposed uplift awaiting gazettal)
• Three shops in one line
• Potential height limit of up to 24 metres (S.T.C.A and awaiting gazettal)

Sales Analysis*
Sale Price:$8,400,000
Land Area:1,183m²*
Zoning:B4 Mixed Use
Building Height:15m
Floor to Space Ratio:2.5:1
Gross Floor Area (GFA):2,958m²*
Rate per GFA m²*$2,839.76 / m²
Raw of Subject to DA:Raw
Net Income (per annum)$110,280*
Sales Process*
Sale Date:20/09/16
Sale Type:Expressions of Interest / Auction
Vendor:Private
Purchaser:Heworth
*Approximate
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