Colliers is pleased to present 502-516 Anzac Parade & 1 Meeks Street, Kingsford for Sale.
502-516 Anzac Parade & 1 Meeks Street is one of the last few remaining major residential development sites in Kingsford. With flexible E2 Commercial Centre zoning, presenting a versatile opportunity for a large cross-section of developer types with a diverse range of permitted uses, including student accommodation, residential BTS apartments, or a residential build-to-rent development site with ground floor retail and potential for a metro style supermarket^.
Located within the Kensington Planning Strategy precinct (K2K) and marked as an 'opportunity site', 502-516 Anzac Parade & 1 Meeks Street is primed to benefit from the state and local Government's significant investment in infrastructure planning and development including the light rail and favourable planning controls.
Key property features:
- Potential GFA of 8,500m2*
- Potential FSR up to 4.4:1^
- 31 metre height control
- Significant gateway development site
- Stabilised holding income of $1,070,000*
- 41m* street frontage to Anzac Parade
*Approximate
^Subject to council approval
502-516 Anzac Parade & 1 Meeks Road, Kingsford is being offered for Sale via Expressions of Interest (EOI) closing Wednesday, 27th November 2024 at 4pm (AEDT).
For more information or to arrange an inspection, please contact one of the listing agents.
Remember to mention you found this property on DevelopmentReady
Colliers is pleased to present 502-516 Anzac Parade & 1 Meeks Street, Kingsford for Sale.
502-516 Anzac Parade & 1 Meeks Street is one of the last few remaining major residential development sites in Kingsford. With flexible E2 Commercial Centre zoning, presenting a versatile opportunity for a large cross-section of developer types with a diverse range of permitted uses, including student accommodation, residential BTS apartments, or a residential build-to-rent development site with ground floor retail and potential for a metro style supermarket^.
Located within the Kensington Planning Strategy precinct (K2K) and marked as an 'opportunity site', 502-516 Anzac Parade & 1 Meeks Street is primed to benefit from the state and local Government's significant investment in infrastructure planning and development including the light rail and favourable planning controls.
Key property features:
- Potential GFA of 8,500m2*
- Potential FSR up to 4.4:1^
- 31 metre height control
- Significant gateway development site
- Stabilised holding income of $1,070,000*
- 41m* street frontage to Anzac Parade
*Approximate
^Subject to council approval
502-516 Anzac Parade & 1 Meeks Road, Kingsford is being offered for Sale via Expressions of Interest (EOI) closing Wednesday, 27th November 2024 at 4pm (AEDT).
For more information or to arrange an inspection, please contact one of the listing agents.
Remember to mention you found this property on DevelopmentReady