With surrounding built up dwellings, 80 Boronia Parade remains as Lugarno’s last remaining substantial landholdings of 2.54Ha*. The Property has remained virtually untouched over the past 110 years with only two existing original structures still remaining. This presents investors the opportunity to maximise the potential within the property to subdivide the land into multiple dwellings.
The Property is currently sitting as vacant land with a Federation styled home presenting developers with the opportunity to further capitalise on the 2.54Ha* site area. This is expected to allow a subdivision within the Property and further maximise it’s development potential by allowing a minimum of 700sqm lots, including waterfront dwelling opportunities.
Being built up within the midst of Lugarno, the Property provides numerous options of surrounding local retail amenity including the local IGA a short 2.5Km away. This is further strengthened by the nearby Mortdale Plaza of Woolworths, BWS, Crunch Fitness, and Fuel located only 5 minutes away.
Neighbouring Heinrich Reserve and backing onto the Georges River, the Property provides considerable opportunity for further growth. Moreover, the Property is ideally positioned with Giggle and Learn Early Childcare, Lugarno Public School and Lugarno Anglican Church all within the surrounding catchment.
Key investment attributes:
• 2.54Ha* site area
• Waterfront Jetty and Boatshed access to Georges River
• Virtually untouched for over 110 years
• Subdividable land into minimum 700sqm lots^
• R2 Low Density Residential Zoning
• Close proximity to M5 Motorway
• 19Km drive to Sydney CBD
• The last remaining substantial landholdings within Lugarno
Colliers exclusively offer 80 Boronia Parade, Lugarno for sale by Expression of Interest closing Thursday, 28 April 2022 at 2:00pm (AEST).
*Approximately
^STCA
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80 Boronia Parade, Lugarno, NSW, 2210