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…
This exciting mixed use development site in Sydney’s Inner-West was sold for $6.5million following a public EOI campaign.
We outline below key additional development highlights:
• Boutique high end development designed by SJB Architects
• DA lodged for the construction of a 4 storey mixed use shop top housing development comprising 11 three and four storey townhouses,13 apartments, 3 commercial studios and 24 parking spaces over a single basement level.
• Three street frontages
• Site includes holding income, sold with going concern
• 500m* to Newtown Train Station and vibrant King Street
| Sales Analysis* | |
| Sale Price: | Confidential |
| Land Area: | 1,320m²* |
| Zoning: | B7 Business Park* |
| Building Height: | 14 metres |
| Floor to Space Ratio: | 1.87:1 |
| Gross Floor Area (GFA): | 2,473m²* |
| Rate per site (based on 27 units) | Confidential |
| Rate per GFA m²* | Confidential |
| Raw of DA: | DA lodged |
| Sale Process | |
| Sale Date: | July 2016 |
| Sale Type: | Post EOI |
| *Approximate ** Residential flat buildings and shop top housing are both permissible in this zone (STCA) | |
DECEASED ESTATE – DEV SITE^ We are pleased to announce this property has sold for $2,400,000 via Public Auction. Offered…
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