Exceptional opportunity to acquire a DA approved mixed use development site
Colliers are delighted to bring to market 279-281 Belmore Road, Riverwood. An exceptional opportunity to acquire a DA approved mixed use development site available in the fast growing Riverwood precinct, whilst being situated directly opposite Riverwood train station plus seconds away from Riverwood Plaza shopping centre.
279-281 Belmore Road, Riverwood is conveniently located in the tightly held community of Riverwood, boasting accessibility to an array of local amenities and being well serviced by public transport, approximately 25km south west of the Sydney CBD. Neighbouring suburbs include Beverly Hills, Padstow Heights, Peakhurst and Revesby.
Key features:
• Total land area extending to 890m²
• Approved GFA of 3,443.5m²
• Unique DA approval of 33 high quality apartments plus 2 retail shops
• Approval for 52 car spaces spread over 3 basement levels plus ground floor
• Prominent 33m frontage to Belmore Road
• B2, Local Centre zoning, permissible for a range of users
• Stable holding rental income of $82,637 per annum + GST
• Next to Riverwood Plaza
• An active owner occupier purchasing market with strong population growth in additional to rental demand which also suits investors
• 130m to Riverwood Train Station
• 25km South West of CBD
279-281 Belmore Road, Riverwood will be offered for sale by Expressions of Interest (EOI), closing Thursday, 19th May, 2022 at 4:00pm (AEDT).
For more information or to arrange an inspection please contact one of the Colliers agents below:
Trent Gallagher
0432 242 063
Frank Oliveri
0419 018 356
Remember to mention you found this property on DevelopmentReady
