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87-91 Middle Street, Kingsford, NSW 2032

87-91 Middle Street, Kingsford, NSW 2032

Kingsford

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87-91 Middle Street, Kingsford, NSW 2032

Kingsford

SOLD
87-91 Middle Street, Kingsford, NSW 2032

87-91 Middle Street, Kingsford, NSW 2032

Properties / Sold / New South Wales / Kingsford
Development Approved
Property Type
Residential
Land Area
1,398 m² (*approx)
Zoning
R3
LGA
Randwick City Council
Selling Method
EOI: Contact the exclusive agents
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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

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Development Approved

87-91 Middle Street Development Site Summary

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

Development Site 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

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87-91 Middle Street, Kingsford, NSW 2032

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Property Location of 87-91 Middle Street, Kingsford, NSW 2032

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Developments and amenities within a 5km radius of this Residential opportunity at 87-91 Middle Street, Kingsford, NSW 2032.

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Report Contains

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87-91 Middle Street, Kingsford, NSW 2032 Kingsford