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28 - 30 Springwood Avenue Springwood, NSW 2777

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28 - 30 Springwood Avenue,
Springwood, NSW 2777

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Map of 28 - 30 Springwood Avenue

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SPRINGWOOD DEVELOPMENT

CBRE have the pleasure in offering for sale 28-30 Springwood Avenue, Springwood by the way of Expressions of Interest (EOI).

The strengths of the property are:

- The property is within close walking distance to Springwood Railway Station
- Situated in the main retail strip of Springwood
- The property has the potential for residential development (STCA)
- The site area totals 780.2sqm approximately
- Draft Zoning of B2 Local Centre (DLEP 2013 Blue Mountains City Council)
- The property has no improvements, and is a vacant parcel of land. There is a storage container on site which will not be included in the sale.


The current land owners are waiting for the registration of an easement, titled "The Parking Easement' which would allow the owners to continue using an existing portion of land for parking.
The easement it expected to be registered in approximately 6 weeks, and will be over 121sqm* of the total site area of 780.2sqm*.

The opportunities this sale presents are:
- The potential to develop a small scale residential flat building (STCA)
- The potential to develop a commercial/retail centre (STCA)
- The adjoining building is a residential flat building, which is situated on a similar block.
- Limited competition in Springwood
- Lower unit resale price will attract younger buyers in an expensive market.

An inspection of this outstanding property is highly recommended, and can be arranged by contacting either of the selling agents at CBRE of by visiting the site directly.

The measurement information provided has been provided to the CBRE selling agents through a recent land survey.

*Approx

Property ID: 501478943Last Updated: 14 Jan 2019

02 9891 33...
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28 - 30 Springwood Avenue
Springwood, NSW 2777

Detailed listing

CBRE - Western Sydney
Level 4 10-14 Smith Street
PARRAMATTA, NSW 2150
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