Adam Charles delighted to present 25-27 The Grand Parade, Sutherland, a boutique development site offering commanding a corner location that benefits from TWO separate Development Approvals in the heart of the Sutherland Shire
DEVELOPMENT HIGHLIGHTS:
- Combined 1,605 corner land parcel with dual street access
- Desirable leafy outlook facing a nature reserve
- Flexible R4 High Density zoning, 1.5:1 floor space ratio & 20m height
- Opportunity to capitalise on the extremely tight rental market
2 X DEVELOPMENT APPROVALS:
DA No.1:
- Approved for 27 apartments
- Desirable unit mix: 6 x 1 bed, 20 x 2 bed & 1 x 3 bed
- Upper levels & communal rooftop featuring district views
- Functional layouts appealing to owner occupiers & investors alike
- Approved GFA 2,311 sqm
DA No.2 -
- Deferred commencement approval for 38 apartments
- Ideal unit mix for tenant demand: 6 x studio, 8 x 1 bedroom, 22 x 2 bedrooms & 2 x 3 bedroom
- Pending approval for 2,878 sqm of GFA & 1.79:1 FSR (including an affordable housing component)
LOCATION HIGHLIGHTS:
- Strategically located 400m from Sutherland station & major bus interchange
- Under a 30 minute trip to the CBD with regular services
- Under 5 minute walk to Sutherland town Centre
- Desirable Sutherland Shire locale
- Proximity to local schools, parks, Westfield Miranda, Cronulla Beach & The Royal National Park
The property is offered for sale via private treaty
Upon request – Information Memorandum, Due Diligence Material, Contract of Sale, please contact the exclusive agents listed below for more information
Remember to mention you found this property on DevelopmentReady
Adam Charles delighted to present 25-27 The Grand Parade, Sutherland, a boutique development site offering commanding a corner location that benefits from TWO separate Development Approvals in the heart of the Sutherland Shire
DEVELOPMENT HIGHLIGHTS:
- Combined 1,605 corner land parcel with dual street access
- Desirable leafy outlook facing a nature reserve
- Flexible R4 High Density zoning, 1.5:1 floor space ratio & 20m height
- Opportunity to capitalise on the extremely tight rental market
2 X DEVELOPMENT APPROVALS:
DA No.1:
- Approved for 27 apartments
- Desirable unit mix: 6 x 1 bed, 20 x 2 bed & 1 x 3 bed
- Upper levels & communal rooftop featuring district views
- Functional layouts appealing to owner occupiers & investors alike
- Approved GFA 2,311 sqm
DA No.2 -
- Deferred commencement approval for 38 apartments
- Ideal unit mix for tenant demand: 6 x studio, 8 x 1 bedroom, 22 x 2 bedrooms & 2 x 3 bedroom
- Pending approval for 2,878 sqm of GFA & 1.79:1 FSR (including an affordable housing component)
LOCATION HIGHLIGHTS:
- Strategically located 400m from Sutherland station & major bus interchange
- Under a 30 minute trip to the CBD with regular services
- Under 5 minute walk to Sutherland town Centre
- Desirable Sutherland Shire locale
- Proximity to local schools, parks, Westfield Miranda, Cronulla Beach & The Royal National Park
The property is offered for sale via private treaty
Upon request – Information Memorandum, Due Diligence Material, Contract of Sale, please contact the exclusive agents listed below for more information
Remember to mention you found this property on DevelopmentReady