388-392 Lane Cove Road,
Macquarie Park, NSW 2113
Development Sites & Land • Hotel, Motel & Leisure • Offices
Detailed listing
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Savills - Sydney CBD
Level 25, 1 Farrer PlaceSYDNEY, NSW 2000
388-392 Lane Cove Road
Macquarie Park, NSW 2113
Detailed listing
Map of 388-392 Lane Cove Road
Prime DA-Approved Mixed-Use Development Site in the Rapidly Growing Macquarie Park
- DA approved site totalling 2,478sq m*
- Approval for 158 Serviced Apartments
- Three level parking for 110 vehicles
The Savills Property Insolvency & Turnaround Services along with the Savills Hotels & Asian Markets Teams are pleased to exclusively offer 388-392 Lane Cove Road, Macquarie Park, for sale on behalf of the Liquidators appointed, KordaMentha.
Positioned in one of the North Shore’s most exciting growth corridors, the site is extremely well located being in close proximity to the Macquarie Park Metro Station, Macquarie Shopping Centre, Macquarie University, the M2 Motorway and a vast range of shops, bars, restaurants and gyms.
Opportunity Overview:
- Site Area: 2,478sq m*
- Development Control Plan: Ryde Local Environmental Plan 2014
- Zoning: B3 Commercial Core
- Consent No: LDA2015/0484
- Proposed Development: 158 serviced apartments, a café on the ground floor, 2 conference rooms, a pool and gym.
- Proposed GFA: 7,217sq m*
- Car Parking: 110 car spaces* (already excavated)
- Sales Process: For Sale via International Expressions of Interest closing at 2pm (AEDT) Wednesday 25th of November 2020
- Contract of Sale: The Contract of Sale and relevant due diligence material are available to interested parties upon request from the exclusive agents.
For further information or to arrange an inspection please contact a member of our team.
*Approx.
Positioned in one of the North Shore’s most exciting growth corridors, the site is extremely well located being in close proximity to the Macquarie Park Metro Station, Macquarie Shopping Centre, Macquarie University, the M2 Motorway and a vast range of shops, bars, restaurants and gyms.
Opportunity Overview:
- Site Area: 2,478sq m*
- Development Control Plan: Ryde Local Environmental Plan 2014
- Zoning: B3 Commercial Core
- Consent No: LDA2015/0484
- Proposed Development: 158 serviced apartments, a café on the ground floor, 2 conference rooms, a pool and gym.
- Proposed GFA: 7,217sq m*
- Car Parking: 110 car spaces* (already excavated)
- Sales Process: For Sale via International Expressions of Interest closing at 2pm (AEDT) Wednesday 25th of November 2020
- Contract of Sale: The Contract of Sale and relevant due diligence material are available to interested parties upon request from the exclusive agents.
For further information or to arrange an inspection please contact a member of our team.
*Approx.
Macquarie Park, 2113 demographic data
The median household income for Macquarie Park is $1,886, 9% lower than Greater Sydney's household income of $2,077. Macquarie Park has a younger age profile compared to the rest of Greater Sydney (median age 31 vs 37). Property ownership data shows 63% of property owners in Macquarie Park have a mortgage.
11,071
Population
$1,886 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
Savills - Sydney CBDLevel 25, 1 Farrer Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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