Key investment highlights:
- Expansive 1,307m²* site area
- Vast western boundary shared with a public reserve
- Rare DA approval for mixed use development
- Consent for two levels of non-residential suited to accommodate a range of business premises or light industries for the biomedical, arts, technology, production or design sectors
- Upper levels to comprise 56 self-contained studio apartments (plus a managers studio)
- Ability to leverage the burgeoning rental market that increased 23.6% year on year** with a sharp 1.11%** vacancy
- Approved gross floor area of 2,614m2*
- Strong positioning within the tightly held Inner Western suburb of Annandale
- Exclusive pocket within Annandale, only 3.9km* to the Sydney CBD
*approximately
** According to the Domain Rent Report
For further information don’t hesitate to contact the exclusive selling agents.
Remember to mention you found this property on DevelopmentReady
1-5 Chester Street, Annandale, NSW 2038