Ray White Commercial are delighted to offer for sale this once in a generation Trophy Conversion opportunity in the heart of the city fringe located moments away from a variety of amenity and infrastructure.
The property benefits from:
• Substantial, high-quality existing improvements across 2,977sqm* along with approved Development Approval in place for further expansion and additional level.
• Former 83-room aged care facility featuring rooms with balconies, common areas and a commercial kitchen.
• City views from upper floors
• Flexible R1 Zoning allows for various uses including, seniors living, aged care, residential flat buildings, boarding houses, co-living, serviced apartments, shop top housing, hostels, hotels, student accommodation and health facilities. (STCA)
Located moments from Sydney University, Royal Prince Alfred Hospital, UTS, Tech Central, Sydney CBD, and some of the finest lifestyle amenities in Sydney. Enjoy the vibrant Annandale cafe culture, Tramsheds, Glebe foreshore parks, Broadway Shopping Centre, and King Street Newtown. Additionally, you'll be within close proximity to the Light Rail and the completion of the major tunnel network at Rozelle.
The property is offered for sale via Onsite Auction, Tuesday 27 June 2023 at 2:30pm.
For more information, please contact the below exclusive selling agents.
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