Ray White Commercial (SC) is pleased to present a truly unique development opportunity at 2 Kennedy Street, Kingsford, just steps from UNSW. This rare offering provides a multitude of re-development options for investors, developers and owner occupiers. The property will be offered for sale via Public Auction.

This site is offered to the market for the first time in 70 years.

This asset features a substantial 982 sqm* landholding with three street frontages. The existing improvements include a block of four apartments, currently divided into a large 3-bedroom apartment, two spacious 2-bedroom apartments, and a studio apartment, offering solid holding income potential.

Located in Kingsford, part of Sydney's exclusive eastern suburbs, and only 7 kilometres* from the Sydney CBD, the property is positioned within a key growth corridor offering excellent access to major employment hubs, educational institutions like University of New South Wales (UNSW), and leading medical facilities such as Prince of Wales Hospital.

Additional highlights of the asset include:

• Land area - 982 sqm*

• Three street frontages

• Offered for the first time in 70 years

• Currently configured as 4 separate rental opportunities

• Zoned: R2

• Height Limit: 9.5m

• Located opposite the Oval Lane entrance to UNSW

• 350m* to Prince of Wales Hospital

• 400m* walk from UNSW High Street Light Rail Station, with additional public transport options nearby

2 Kennedy Street, Kingsford is offered for sale via Auction on Wednesday, 13 November 2024 at 10:30am (AEDT). The Auction will be held at Ray White Corporate Office, Level 7, 44 Martin Place, Sydney NSW 2000.

For further information, please contact the exclusive selling agents below.

^Subject to Council Approval

*Approximately

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