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87-91 Middle Street, Kingsford, NSW 2032

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87-91 Middle Street, Kingsford, NSW 2032

87-91 Middle Street, Kingsford, NSW 2032

Properties / Sold / New South Wales / Kingsford
Development Approved

1. Property Summary

Property Type
Residential
Land Area
1,398 m² (*approx)
Zoning
R3
Local Government
Randwick
Selling Method
EOI: Contact the exclusive agents
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2. Property Highlights

DA Approved Site In Sydney's Eastern Suburbs Education and Hospital Precinct

JLL and Knight Frank are exclusively appointed to offer 87-91 Middle Street, Kingsford for sale by expressions of interest.

This rare, DA approved, 1,398sqm site presents a remarkable development opportunity in Sydney’s Eastern Suburbs which is perfectly positioned next to Major Health, Education, Transport infrastructure and retail amenity.

•Large Scale New Generation Boarding House Development Site - 68 rooms, 2 common rooms, ample parking and amenity for tenants.  

•Strong & Diversified Cashflow Asset - Project gross income of $1,890,300 on completion

•A Rare DA Approval - A favourable parking ratio outcome never to be replicated. Planning control changes hinder any further supply of boarding houses in the future 

•Major Tenant Demand From The Surrounding Health & Education Precinct - 450m from Randwick Hospital Campus and 450m of UNSW Campus

•Supported by Extensive Transport Infrastructure - The property is located 750m from the Light Rail providing direct access to the CBD and other major rail links

•Sydney’s Eastern Suburbs has some of Australia’s highest rents and housing prices

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential
Land Area
1,398 m² (*approx)
Zoning
R3
Local Government
Randwick
Selling method
EOI: Contact the exclusive agents

2. Property Highlights

DA Approved Site In Sydney's Eastern Suburbs Education and Hospital Precinct

JLL and Knight Frank are exclusively appointed to offer 87-91 Middle Street, Kingsford for sale by expressions of interest.

This rare, DA approved, 1,398sqm site presents a remarkable development opportunity in Sydney’s Eastern Suburbs which is perfectly positioned next to Major Health, Education, Transport infrastructure and retail amenity.

•Large Scale New Generation Boarding House Development Site - 68 rooms, 2 common rooms, ample parking and amenity for tenants.  

•Strong & Diversified Cashflow Asset - Project gross income of $1,890,300 on completion

•A Rare DA Approval - A favourable parking ratio outcome never to be replicated. Planning control changes hinder any further supply of boarding houses in the future 

•Major Tenant Demand From The Surrounding Health & Education Precinct - 450m from Randwick Hospital Campus and 450m of UNSW Campus

•Supported by Extensive Transport Infrastructure - The property is located 750m from the Light Rail providing direct access to the CBD and other major rail links

•Sydney’s Eastern Suburbs has some of Australia’s highest rents and housing prices

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved
Dylan McEvoy
Dylan McEvoy
+61 *** *** *** show +61 406 560 204
Gordon McFadyen
Gordon McFadyen
+61 *** *** *** show +61 451 956 273

Download Development Site Report

3. Property Location

87-91 Middle Street, Kingsford, NSW 2032

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4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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87-91 Middle Street, Kingsford, NSW 2032 Kingsford
JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
View Agency Profile
Dylan McEvoy
Dylan McEvoy
+61 *** *** *** show +61 406 560 204
Gordon McFadyen
Gordon McFadyen
+61 *** *** *** show +61 451 956 273