Adam Charles delighted to present 25-27 The Grand Parade, Sutherland, a boutique development site offering commanding a corner location that benefits from TWO separate Development Approvals in the heart of the Sutherland Shire
DEVELOPMENT HIGHLIGHTS:
- Combined 1,605 corner land parcel with dual street access
- Desirable leafy outlook facing a nature reserve
- Flexible R4 High Density zoning, 1.5:1 floor space ratio & 20m height
- Opportunity to capitalise on the extremely tight rental market
2 X DEVELOPMENT APPROVALS:
DA No.1:
- Approved for 27 apartments
- Desirable unit mix: 6 x 1 bed, 20 x 2 bed & 1 x 3 bed
- Upper levels & communal rooftop featuring district views
- Functional layouts appealing to owner occupiers & investors alike
- Approved GFA 2,311 sqm
DA No.2 -
- Deferred commencement approval for 38 apartments
- Ideal unit mix for tenant demand: 6 x studio, 8 x 1 bedroom, 22 x 2 bedrooms & 2 x 3 bedroom
- Pending approval for 2,878 sqm of GFA & 1.79:1 FSR (including an affordable housing component)
LOCATION HIGHLIGHTS:
- Strategically located 400m from Sutherland station & major bus interchange
- Under a 30 minute trip to the CBD with regular services
- Under 5 minute walk to Sutherland town Centre
- Desirable Sutherland Shire locale
- Proximity to local schools, parks, Westfield Miranda, Cronulla Beach & The Royal National Park
The property is offered for sale via private treaty
Upon request – Information Memorandum, Due Diligence Material, Contract of Sale, please contact the exclusive agents listed below for more information
Remember to mention you found this property on DevelopmentReady
