78-80 New Canterbury Road, Petersham, NSW, 2049

DA APPROVED DEVELOPMENT

For Sale: Auction 17th April 2018

Raine & Horne Commercial are pleased to offer this DA approved development site to the market for auction on Tuesday 17th April 2018. The property represents a great opportunity for developers, builders and investors.

Great corner site with DA approval:

Approval for a 5 level development containing 14 units and 1 retail premises
No Basement required — Easy construction 
Short walk to Petersham Railway Station 
Strong performing residential location 
Existing building of approximately 400sqm 

Located in a popular & central position in the increasingly popular suburb of Petersham, 78-80 New Canterbury Road Petersham offers a great opportunity. The property is approximately 300 metres from Petersham Train Station and is well serviced by a number of bus routes. The site has an active consent to demolish existing improvements and construct a 5 storey mixed use development comprising 1 commercial tenancy on the ground floor and 14 units on the upper levels. The property benefits from surrounding amenities including many popular cafes and shops on New Canterbury Road. 78-80 New Canterbury Road is well serviced by arterial road ways and is approximately 6 kilometres from the heart of Sydney CBD.

For further details or to obtain a copy of the approved plans and DA consent please contact our office by phone or email.

Remember to mention you found this property on Developmentready.com.au