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.
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