Name: 2 Miles Street, Mascot, NSW 2020
Address: 2 Miles Street , NSW, Mascot, NSW, 2020
Telephone: +61 402 700 786

+6 Photos

SOLD

2 Miles Street, Mascot, NSW 2020

Properties / Sold / New South Wales / Mascot

Development Approved

1. Property Summary

Property Type

Residential

Sub Type

Apartment Sites

Land Area

887 m² (*approx)

Selling Method

EOI: Contact Agent

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2. Property Highlights

PREMIUM DA APPROVED CO-LIVING OPPORTUNITY

Adam Charles are proud to present 2 Miles Street, Mascot to the market, a premium, DA approved co-living development for 27 oversized self contained studios, moments from the thriving Mascot town centre.

Key Highlights:

- Boutique DA approved co-living site for 27 oversized studios

- Fully self contained studios with premium finishings & private balconies

- Average room size of over 27sqm, an anomaly for Sydney accommodation

- Future high returning investment

- Projected income c$950,000 per annum gross

-887 sqm regular shaped land parcel

- Flexible R3 Medium Density residential zone

- DA approved at an FSR of 1.25:1 & approved GFA 1,107 sqm

- Capitalise on the consistently high demand for all-inclusive studio accommodation

- Strategic asset class that can yield both income and long-term capital growth

- 10 minute walk to Mascot Station & a 7 minute trip to the CBD

- Walking distance to Mascot Square and Botany Road Retail

- Lifestyle location surrounded by parks, schools & recreation

2 Miles Street, Mascot is offered for sale via Expressions of Interest, closing 5pm, 13th March 2024.

For more information or for a copy of the information memorandum & due diligence package, please contact the exclusive agents.

Remember to mention you found this property on DevelopmentReady

Property Type

Residential

Sub-type

Apartment Sites

Land Area

887 m² (*approx)

Selling method

EOI: Contact Agent

2. Property Highlights

PREMIUM DA APPROVED CO-LIVING OPPORTUNITY

Key Highlights:

- Boutique DA approved co-living site for 27 oversized studios

- Fully self contained studios with premium finishings & private balconies

- Average room size of over 27sqm, an anomaly for Sydney accommodation

- Future high returning investment

- Projected income c$950,000 per annum gross

-887 sqm regular shaped land parcel

- Flexible R3 Medium Density residential zone

- DA approved at an FSR of 1.25:1 & approved GFA 1,107 sqm

- Capitalise on the consistently high demand for all-inclusive studio accommodation

- Strategic asset class that can yield both income and long-term capital growth

- 10 minute walk to Mascot Station & a 7 minute trip to the CBD

- Walking distance to Mascot Square and Botany Road Retail

- Lifestyle location surrounded by parks, schools & recreation

2 Miles Street, Mascot is offered for sale via Expressions of Interest, closing 5pm, 13th March 2024.

For more information or for a copy of the information memorandum & due diligence package, please contact the exclusive agents.

Remember to mention you found this property on DevelopmentReady

2 Miles Street, Mascot, NSW 2020 Mascot

Adam Charles

55, Miller Street, Pyrmont, City of Sydney, New South Wales, Australia, 2009

Adam Bodon

+61 *** *** *** show +61 402 700 786

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Residential

Commercial

Child/Healthcare

Industrial

Agriculture/Rural

Mixed Use

2 Miles Street, Mascot, NSW 2020