Adam Charles as exclusive agents is excited to present 20-22 Pheasant Street, Canterbury to the market, an outstanding opportunity to capitalise on a rare, DA approved townhouse site in a desirable lifestyle setting.
The opportunity benefits from the following key features:
• Substantial 1,702.8sqm land parcel, with a large 24*m frontage, backing onto Hughes Park
• Flexible medium density residential zoning, presenting multiple value-add development opportunities
• Approved floor space ratio of 0.76:1, totalling 1,287.04 sqm of gross floor area, with all townhouses across 2 levels.
• Rare, DA approved boutique offering, providing an excellent opportunity to deliver a high-quality development with limited competing stock nearby
• Approval for 10 oversized townhouses, all with ample private space, storage and underground parking, setting a new benchmark for Canterbury
• Desirable mix comprising of: 1x 2 bed+ study townhouses, 8 x 3 bed townhouses, 1x 4 bed townhouse, including 3 affordable housing offerings
• Prime lifestyle location in a quiet, cul-de-sac setting in a leafy neighbourhood, targeting owner occupiers or downsizers
• 1.6km to Canterbury Station and town centre, multiple bus routes within 400m
• Substantial existing improvements of two homes on over 850sqm per block
A 100% freehold interest in 20-22 Pheasant Street, Canterbury is offered for sale via expressions of interest closing 5pm Thursday 14th July 2022, if not sold prior
For more information or for a copy of the due diligence material, please contact the exclusive agents
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