Will be Sold - Premier High Density Residential Development Site with Huge Upside
Colliers is pleased to present a great opportunity to acquire a residential development site on R4 High Density zoning in the vibrant and highly sought-after location of Bankstown, Sydney’s South-West.
22-30 Leonard Street benefits from a potential development upside supported by favourable underlying planning controls, with the Bankstown Master Plan permitting future uplift to further increase height limits and density potential.
Investment highlights:
- Premium rectangular site within core Bankstown CBD
- Prominent 3,036m²* site footprint
- Zoned R4 High Density Residential
- Earmarked to benefit from increased height limits and density potential up to 9-storeys and 9,560.25m2* (Subject to Town Planning Approval)
- DA approval for 78 units + potential uplift
- Conveniently located only 550m* from Bankstown Railway Station walking distance to Bankstown Central, Bankstown Sports Club, Western Sydney University and local schools.
- Genuine Vendor wants it SOLD!
The property is for sale by Private Treaty with offers above $7,000,000.
*Approximately & Subject to Council Approval.
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