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SOLD

52-56 Ramsay Road, FIVE DOCK, NSW 2046

Properties / Sold / New South Wales / Five Dock

Development Potential

1. Property Summary

Property Type

Residential, Mixed Use

Land Area

1,676 m² (*approx)

Selling Method

Expressions of Interest: Please contact the exclusive listing agents

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2. Property Highlights

Rare Land Offering in Five Dock Town Centre

Site area of 1,676 sqm*
Potential GFA 4,189 sqm*
Flexible B4 Mixed Use zoning

Knight Frank is excited to present for sale via Expressions of Interest, 52 - 56 Ramsay Road, Five Dock – A rare land offering situated in the heart of Five Dock town centre comprising of three (3) freestanding residential apartment blocks with significant mixed use development potential (STCA).

Key property highlights include:

- Three existing apartment blocks with a combined holding income of $132,600* per annum

- A rare large parcel of 1,676 sqm*

- Flexible zoning allowing multiple potential development options

- Well established suburb with anticipated growth off infrastructure upgrades

- Potential for a boutique apartment development opportunity (STCA)

- Impressive 44m* frontage on Ramsay Road

- 500m* to forthcoming Five Dock Metro Station due for completion in 2030*

- Only 20 minutes* from Sydney’s CBD via public transport

The property is being offered for sale via Expressions of Interest closing 17 March 2022 at 4:00pm (AEDT).

For further information please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady