Colliers is pleased to offer a premier opportunity to acquire an exceptional DA approved mixed use development site on flexible B4 zoning in the highly sought-after location of Bankstown, Sydney’s South West.
220-222 South Terrace occupies a prominent corner position, with the Bankstown Master Plan permitting future uplift in density within a suburb fast becoming a leading health, education and innovation corridor.
Investment Highlights:
• Corner site 2,178m2
• DA approved for 91 units and 406m2 ground floor retail
• Proposed GFA = 7,492m2
• CBD location, in close proximity to Bankstown Central, public & private schools, Bankstown railway station, Western Sydney University and Bankstown Hospital.
• Short-term lease holdover with passing income of $68,440 per annum*
The property is for sale by Expressions of Interest closing on 29th September 2022.
*approx
Remember to mention you found this property on DevelopmentReady
Colliers is pleased to offer a premier opportunity to acquire an exceptional DA approved mixed use development site on flexible B4 zoning in the highly sought-after location of Bankstown, Sydney’s South West.
220-222 South Terrace occupies a prominent corner position, with the Bankstown Master Plan permitting future uplift in density within a suburb fast becoming a leading health, education and innovation corridor.
Investment Highlights:
• Corner site 2,178m2
• DA approved for 91 units and 406m2 ground floor retail
• Proposed GFA = 7,492m2
• CBD location, in close proximity to Bankstown Central, public & private schools, Bankstown railway station, Western Sydney University and Bankstown Hospital.
• Short-term lease holdover with passing income of $68,440 per annum*
The property is for sale by Expressions of Interest closing on 29th September 2022.
*approx
Remember to mention you found this property on DevelopmentReady