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620-632 Botany Road Alexandria, NSW 2015

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620-632 Botany Road,
Alexandria, NSW 2015

Warehouse, Factory & Industrial • Development Sites & Land

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Map of 620-632 Botany Road

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SOLD - Alexandria Residential Development Site

Location
Located in the vibrant city fringe suburb of Alexandria, this prime position is set between two of Alexandria’s most prominent thoroughfares, Botany Road and Ralph Street. This superb location provides immediate access to Sydney’s CBD, the eastern suburbs, premiere cafes, schools, golf courses and the beaches. The location is well serviced by Bus and Rail.

Key Features
620-632 Botany Road, Alexandria represents a rare opportunity to secure one of the finest residential development sites in South Sydney.

> A significant land holding with the potential to yield circa 200 units (STCA) or up to 16,702.4m² of gross floor area.
> Flexible B6 Enterprise Corridor zoning allowing a maximum FSR of 2.2:1 and 22metre height limit.
> One of the few remaining development opportunities in tightly held Alexandria.
> A superb location offering easy access to Sydney’s CBD, the Eastern Suburbs, premier cafes, schools, golf courses and the beaches. The location is well serviced by Bus and Rail.
> Quality existing improvements consist of a functional industrial strata estate of eighteen (18) units set across three buildings.
> Dual street access offering an expansive frontage of more than 108 metres to Botany Road and more than 57 metres to Ralph Street.
> Solid net holding income of $437,921.22 and a potential net holding income of $835,000.00 per annum on a fully let basis.
> Strong confidence in the city fringe residential market.
> Strong sale prices, volume and demand for finished product.
> Negotiations have been finalised to provide vacant possession as at June 2016.

For Further information please contact:

Edward Princi
0412 355 021

Or

Michael Crombie
0412 903 0...

Property ID: 501264395Last Updated: 29 Jan 2015

04129030...
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620-632 Botany Road
Alexandria, NSW 2015
Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
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