Case Studies

1109 – 1111 Botany Road, Mascot NSW

DECEASED ESTATE – DEV SITE^

We are pleased to announce this property has sold for $2,400,000 via Public Auction.

Offered on behalf of the late owner’s estate, this property received over 50 enquiries throughout the course of the campaign. 11 contracts were issued and the property received competitive bidding from three parties. The property sold under the hammer.

This property is located in the heart of the Mascot shopping precinct, boasting a street frontage of 10.7m*. It is improved by a commercial shop at the front, a weatherboard residence, and external buildings.

Additonal highlights of the property include:
• Site area 790.4sqm*
• Height limit: 14m
• Zoned B2 – Local Centre
• Opportunity for potential purchasers to have three concurrent income streams
• Close to transport, shops and schools

*Approximate

^S.T.C.A

Sale Analysis
Sale Price:$2,400,000
Sale Date:24 August 2018
Land Area:790.4m2
Zoning:B2 Local Centre
FSR:2:1
Height of Building:14m
$/m2 of Land14m
Gross floor area:$3,036.43
Street Frontage:10.7m* Botany Road
Sale Process:Public Auction
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