696-700 Old Princes Highway,
Sutherland, NSW 2232
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Map of 696-700 Old Princes Highway
Train stations within 5 km of 696-700 Old Princes Highway, Sutherland, NSW 2232 Distance Sutherland Station 427 m Kirrawee Station 1.1 km Jannali Station 1.6 km Loftus Station 1.9 km Gymea Station 2.3 km POWERED BY HERE ©Bus stops within 5 km of 696-700 Old Princes Highway, Sutherland, NSW 2232 Distance Clio St at Toronto Pde 213 m Flora St Before Merton St 268 m Sutherland Public School, Flora St 290 m Clio St Opp Glencoe St 319 m Sutherland Station, Flora St, Stand F 325 m POWERED BY HERE ©
POWERED BY HERE ©
Unique Development Site Opportunity
Located in the heart of thriving Sutherland and only 650 metres to Sutherland Train Station, this development site offers endless opportunity. A perfect development for the increased demand for affordable housing, this would suit a mix of apartment sizes or an entire boarding house scheme with ground floor retail, (STCA) affordable housing offers the opportunity to achieve a bonus of 30% increase in FSR and height. The site also has a DA approval for a modern 8 level commercial retail and office development.
This opportunity would yield high gross rental returns creating a highly lucrative investment for institutional investors. Due to the high demand and lack of supply for the product, this could be achieved during the construction process.
Site Particulars:
1. Land Size - 1,376sqm
2. Zoning - E2
3. FSR - 3.5:1 (30% increase for affordable house STCA)
4. Height - 30m (30% increase for affordable house STCA)
5. Council - Sutherland Shire Council
The site is nestled in southern Sydney in Sutherland, the epicentre of the local workforce of the Sutherland Shire, with facilities such as a general purpose entertainment centre, a community centre, local government council offices, Sutherland Leisure Centre, local cafes, upmarket restaurants and gourmet eateries, shops and a major central library. Sutherland is a new and emerging CBD with new transport, business and hospitality venues coming into the area, with ample new infrastructure planned.
This opportunity would yield high gross rental returns creating a highly lucrative investment for institutional investors. Due to the high demand and lack of supply for the product, this could be achieved during the construction process.
Site Particulars:
1. Land Size - 1,376sqm
2. Zoning - E2
3. FSR - 3.5:1 (30% increase for affordable house STCA)
4. Height - 30m (30% increase for affordable house STCA)
5. Council - Sutherland Shire Council
The site is nestled in southern Sydney in Sutherland, the epicentre of the local workforce of the Sutherland Shire, with facilities such as a general purpose entertainment centre, a community centre, local government council offices, Sutherland Leisure Centre, local cafes, upmarket restaurants and gourmet eateries, shops and a major central library. Sutherland is a new and emerging CBD with new transport, business and hospitality venues coming into the area, with ample new infrastructure planned.
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Property ID: 504152419Last Updated: 23 Apr 2024
696-700 Old Princes Highway
Sutherland, NSW 2232
Highland Commercial Property6/40 Cawarra Road
TAREN POINT, NSW 2229
TAREN POINT, NSW 2229
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Address available on request,Kirrawee, NSW 2232 6012 m²Development Sites & Land • Warehouse, Factory & Industrial