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261 Princes Highway Carlton, NSW 2218

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261 Princes Highway,
Carlton, NSW 2218

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail

Price information

Sold

$8,000,000

Key property information

Floor area

Property extent

Zoning

Municipality

Tenure type

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Map of 261 Princes Highway

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Sold by Trent Gallagher - Iconic Mixed Use Development Site

  • Prime boutique mixed use development
  • Site area: 2,055m²
  • Strong confidence in Sydney’s south
This mixed use development site is located in Sydney’s South forming part of the booming St George market. This is an ideal opportunity for developers to acquire a boutique development site with a quality existing building creating short term rental income whilst obtaining a DA consent from council, achieving pre sales and getting a construction certificate.

Key Features:
• Prime boutique mixed use development site in one of Sydney’s strongest growth market regions
• Proposed zoning of B6 Enterprise Corridor with shop top housing permitted allowing for a mixed use development 2:1 floor space ratio and a split height limit of 15 metres and 12 metres
• Suitable for owner occupiers or developers
• The site has a current area of 2,055m² with the potential gross floor area (GFA) of 4,110m²
• Corner location providing for a more efficient build and great access into the proposed development
• Imminent rezoning allowing for a mixed use development between 4 – 5 stories
• Quality existing facility allowing for short term or long term rental income if required
• Close proximity to public transport including Carlton train station only 890 metres away and up and coming local amenities
• Strong confidence in the south Sydney residential market
• Proven strong sale prices, volume and demand for finished residential product in the immediate area
• A superb location offering easy access to supermarkets, local parks, schools, retail stores and restaurants such as Sizzler and St George Leagues club

Method Of Sale:
Expressions of Interest campaign closing Thursday 1 September 2016 at 4:00pm.

To submit your interest or request further information, please contact the below exclusive agents:

Trent Gallagher
0432 242 0...
Trent.Gallagher@colliers.com

Or

Vince Kernahan
0438 262 497
Vince.Kernahan@colliers.com

Property ID: 502058730Last Updated: 5 Sep 2017

04322420...
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261 Princes Highway
Carlton, NSW 2218
Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
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