Colliers is pleased to offer for sale 398-402 Kingsway & 27 Flide Street, Caringbah.
Strategically positioned within the esteemed Caringbah Medical Precinct, this prime development opportunity at 398-402 Kingsway & 27 Flide Street, Caringbah, presents an exclusive chance to capitalize on the growing demand for healthcare services in the Sutherland Shire. Boasting unparalleled access to local resources, excellent transport links, and a thriving business ecosystem, this property offers immense potential for medical professionals and businesses alike.
Key features include:
- Total land area 2,415m²* across four titles
Medical Approval aspects:
- Development Approved for 5,030m²* of GFA for medical over 6 levels
- Basement car parking for approximately 142 cars
- Lift access to all levels
- Dedicated loading areas
- Potential healthcare uses such as day surgery and radiology
- Strategic location within a growing community anticipating a 12% population increase by 2036
- Versatility and adaptability for investors seeking to capitalize on the growing healthcare market
Mixed-use Development aspects:
- Suitable for mixed use development which can include a 30% bonus in FSR and Height for provision of affordable housing component
- Rare holding in a proven market
*All areas are approximate only
398-402 Kingsway & 27 Flide Street, Caringbah will be offered for sale via Expressions of Interest campaign, closing Wednesday, 24th April 2024 at 3pm (AEST).
For more information, contact the exclusive selling agents.
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