Sydney, 25th August – A rare boutique development site has come to market in Southern Sydney with Trent Gallagher of Colliers. Located at 6-8 Vaughan Street, Blakehurst, the site has been DA approved for a 32 apartment development with 35 metre street frontage and approval for 59 car parks across two levels.
“The demand for residential development sites in South Sydney is at an all time high, Vaughan Street sits on 1,836sqm and has been R3 zoned, with the opportunity to build a premium 32-apartment complex,” Trent Gallagher explains . “Blakehurst is the most prestigious postcode in the St George precinct and the site would be ideal for large apartments tailored to owner occupiers and the empty nester market.”
Being sold on behalf of private landowners, the 1,836sqm medium density site has an approved GFA of 2,754sqm and holds a price expectation of $8 million plus. It is located in the immediate vicinty of parks and playgrounds and close to Oatley Train Station and the Hurstville Westfield.
The expressions of interst campaign ends on the 23rd of September 2021.
Please contact Trent Gallagher on Mb: 0432 242 063.