+11 Photos

SOLD

388-392 Lane Cove Road, Macquarie Park, NSW, 2113

Properties / Sold / New South Wales / Macquarie Park

Development Potential

1. Property Summary

Property Type

Residential, Commercial, Mixed Use

Land Area

2,478 m² (*approx)

Selling Method

EOI: Closing at 2pm (AEDT) Wednesday 25th of November 2020

Show All

2. Property Highlights

Prime DA-Approved Mixed-Use Development Site in the Rapidly Growing Macquarie Park

DA approved site totalling 2,478sq m*
Approval for 158 Serviced Apartments
Three level parking for 110 vehicles

The Savills Property Insolvency & Turnaround Services along with the Savills Hotels & Asian Markets Teams are pleased to exclusively offer 388-392 Lane Cove Road, Macquarie Park, for sale on behalf of the Liquidators appointed, KordaMentha.

Positioned in one of the North Shore’s most exciting growth corridors, the site is extremely well located being in close proximity to the Macquarie Park Metro Station, Macquarie Shopping Centre, Macquarie University, the M2 Motorway and a vast range of shops, bars, restaurants and gyms.

Opportunity Overview:

- Site Area: 2,478sq m*

- Development Control Plan: Ryde Local Environmental Plan 2014

- Zoning: B3 Commercial Core

- Consent No: LDA2015/0484

- Proposed Development: 158 serviced apartments, a café on the ground floor, 2 conference rooms, a pool and gym.

- Proposed GFA: 7,217sq m*

- Car Parking: 110 car spaces* (already excavated)

- Sales Process: For Sale via International Expressions of Interest closing at 2pm (AEDT) Wednesday 25th of November 2020

- Contract of Sale: The Contract of Sale and relevant due diligence material are available to interested parties upon request from the exclusive agents.

For further information or to arrange an inspection please contact a member of our team.

*Approx.

Remember to mention you found this property on DevelopmentReady