Sold
16 & 18 Rainbow Street, Kingsford, NSW, 2032
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1. Property Summary
Property Type
Residential
Land Area
848 m² (*approx)
Selling Method
SOLD: SOLD
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2. Property Highlights
RAW STUDENT ACCOMMODATION DEVELOPMENT SITE
SOLD
Ralton are thrilled to offer to the market 16 & 18 Rainbow Street, Kingsford “The Nine-Ways” for sale via Expressions of Interest.
“The Nine-Ways” represents a unique opportunity to acquire a rare stand alone site set in the heart of Kingsford yet positioned just metres from all the required amenities of a desirable student accommodation location.
This Kingsford site occupying 848 sqm*, enjoys close proximity to the Kingsford town centre which offers shops, speciality food outlets and public transport. The site also benefits from the Kensington to Kingsford strategy re-zoning allowing for a redevelopment in the form of a student accommodation development (STCA).
- 75 metres to the new light rail terminus
- 450 metres to the UNSW
- Within Kensington2Kingsford strategy re-zoning
- 12 units for sale in one line
- Significant site area of 848 sqm*
- Flexible site with double frontage of approximately 56 metres*
- High demand for a prime student accommodation development**
16 & 18 Rainbow Street, Kingsford, NSW 2032 “The Nine-Ways” will be Sold via Expressions of Interest closing no later than 1pm Thursday 18th July 2019 if not sold prior.
*approximations
**subject to council approval
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
1. Property Summary
Property Type
Residential
Land Area
848 m² (*approx)
Selling method
SOLD: SOLD
2. Property Highlights
RAW STUDENT ACCOMMODATION DEVELOPMENT SITE
SOLD
Ralton are thrilled to offer to the market 16 & 18 Rainbow Street, Kingsford “The Nine-Ways” for sale via Expressions of Interest.
“The Nine-Ways” represents a unique opportunity to acquire a rare stand alone site set in the heart of Kingsford yet positioned just metres from all the required amenities of a desirable student accommodation location.
This Kingsford site occupying 848 sqm*, enjoys close proximity to the Kingsford town centre which offers shops, speciality food outlets and public transport. The site also benefits from the Kensington to Kingsford strategy re-zoning allowing for a redevelopment in the form of a student accommodation development (STCA).
- 75 metres to the new light rail terminus
- 450 metres to the UNSW
- Within Kensington2Kingsford strategy re-zoning
- 12 units for sale in one line
- Significant site area of 848 sqm*
- Flexible site with double frontage of approximately 56 metres*
- High demand for a prime student accommodation development**
16 & 18 Rainbow Street, Kingsford, NSW 2032 “The Nine-Ways” will be Sold via Expressions of Interest closing no later than 1pm Thursday 18th July 2019 if not sold prior.
*approximations
**subject to council approval
Remember to mention you found this property on DevelopmentReady
Read More