Savills and Dixon Real Estate are pleased to offer for sale 30 Middle Street, Kingsford. This outstanding development site has a valuable DA approval for 19 self-contained student accommodation rooms in the highly sought-after suburb of Kingsford.
Opportunity Overview:
• DA approved for 19 self-contained student accommodation units with a lodged CC pending approval
• Premium room sizes ranging from 16-21sq m*
• Each unit includes kitchen, a bathroom and living space
• Efficient three-story design tailored for rapid Cross-Laminated Timber (CLT) construction
• Ground level car parking providing 4 car spaces, 4 motorcycle spaces and 4 bicycle spaces
• Approved NSA: 322 sq m*
• Site Area: 405 sq m*
• Zoning: R3 Medium Density Residential
• Achieved FSR of 1.25:1, incorporating 0.5:1 FSR bonus discontinued in early 2021
• Strategically positioned walking distance to the UNSW Campus, Prince of Wales Hospital and Kingsford Light Rail Station
• Excellent opportunity to capitalise on surging international student demand
• Growing asset class of build-to-rent accommodation continues to provide secure future cash flow
*approx.
30 Middle Street, Kingsford, is offered for sale via Expressions of Interest closing at 4pm on Thursday 14th September 2023.
For further information, please contact a member of our team.
Remember to mention you found this property on DevelopmentReady
Savills and Dixon Real Estate are pleased to offer for sale 30 Middle Street, Kingsford. This outstanding development site has a valuable DA approval for 19 self-contained student accommodation rooms in the highly sought-after suburb of Kingsford.
Opportunity Overview:
• DA approved for 19 self-contained student accommodation units with a lodged CC pending approval
• Premium room sizes ranging from 16-21sq m*
• Each unit includes kitchen, a bathroom and living space
• Efficient three-story design tailored for rapid Cross-Laminated Timber (CLT) construction
• Ground level car parking providing 4 car spaces, 4 motorcycle spaces and 4 bicycle spaces
• Approved NSA: 322 sq m*
• Site Area: 405 sq m*
• Zoning: R3 Medium Density Residential
• Achieved FSR of 1.25:1, incorporating 0.5:1 FSR bonus discontinued in early 2021
• Strategically positioned walking distance to the UNSW Campus, Prince of Wales Hospital and Kingsford Light Rail Station
• Excellent opportunity to capitalise on surging international student demand
• Growing asset class of build-to-rent accommodation continues to provide secure future cash flow
*approx.
30 Middle Street, Kingsford, is offered for sale via Expressions of Interest closing at 4pm on Thursday 14th September 2023.
For further information, please contact a member of our team.
Remember to mention you found this property on DevelopmentReady