1081-1091a Old Princes Highway,
Engadine, NSW 2233
Development Sites & Land
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Map of 1081-1091a Old Princes Highway
Landmark town centre development site
- DA approval for 115 apartments & retail
- A site area of 5,288sqm*
- Strong existing income until mid-2017
Knight Frank are delighted to offer for sale via Expressions of Interest a residential development site with DA approval for 115 apartments plus ground floor retail. The property is located at one of the highest points in the Sutherland Shire, specifically in the town centre of Engadine Village precinct benefiting from ease of access to public transport, local cafes, retail stores, health and education centres.
The opportunity benefits from the following key features:
-DA approval for 115 residential apartments with retail, containing a generous mix of 2 bedroom apartments.
-Highpoint of the Sutherland Shire, with most apartments featuring spectacular district and CBD views
-A site area of 5,288sqm* with an ease on accessibility via a dual frontage
-Ample public transport with Engadine Train Station and bus routes all within 300m*
-Surrounding the opportunity is Engadine Town Centre Square Shopping Centre, St John Bosco College, Engadine RSL, Engadine Library
-Also located nearby are major retailers such as Woolworths, ALDI, IGA, Coles, Subway, McDonalds, KFC, Crust
-Lack of supply and competition within the Engadine precinct of newly developed apartments since the newly introduced LEP from Sutherland Shire Council
-Strong existing income until mid-2017
-Within a short drive is the newly refurbished Miranda Westfield, Cronulla Beach and The Royal National Park
The property is being offered for sale via Expression of interest closing Wednesday 7th December 2016.
For an information memorandum or due diligence material, please contact the exclusive selling agents.
* Approximately
The opportunity benefits from the following key features:
-DA approval for 115 residential apartments with retail, containing a generous mix of 2 bedroom apartments.
-Highpoint of the Sutherland Shire, with most apartments featuring spectacular district and CBD views
-A site area of 5,288sqm* with an ease on accessibility via a dual frontage
-Ample public transport with Engadine Train Station and bus routes all within 300m*
-Surrounding the opportunity is Engadine Town Centre Square Shopping Centre, St John Bosco College, Engadine RSL, Engadine Library
-Also located nearby are major retailers such as Woolworths, ALDI, IGA, Coles, Subway, McDonalds, KFC, Crust
-Lack of supply and competition within the Engadine precinct of newly developed apartments since the newly introduced LEP from Sutherland Shire Council
-Strong existing income until mid-2017
-Within a short drive is the newly refurbished Miranda Westfield, Cronulla Beach and The Royal National Park
The property is being offered for sale via Expression of interest closing Wednesday 7th December 2016.
For an information memorandum or due diligence material, please contact the exclusive selling agents.
* Approximately
Engadine, 2233 demographic data
The median household income for Engadine is $2,303, 11% higher than Greater Sydney's household income of $2,077. Engadine has an older age profile compared to the rest of Greater Sydney (median age 39 vs 37). Property ownership data shows 55% of property owners in Engadine have a mortgage.
17,736
Population
$2,303 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
02903668...
1081-1091a Old Princes Highway
Engadine, NSW 2233
Detailed listing
Knight Frank - South SydneySuite 12Ga, Graphix Row, 160 Bourke Road
ALEXANDRIA, NSW 2015
ALEXANDRIA, NSW 2015
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