Description de l'actif
JLL as the exclusive selling agent, is pleased to exclusively offer 6-10 Bowral Street, Kensington For Sale via Expressions of Interest.
The amalgamated site presents a rare boutique development opportunity within the coveted Eastern Suburbs of Sydney, boasting a prime location in Kensington’s Town Centre. Comprising a consolidation of three freehold properties, the development site offers 1,264 sqm* of land area and has a street frontage of approximately 35 meters*. With flexible planning controls, the site is suitable for a variety of development types.
Considered as Sydney’s next generation suburb, Kensington is in a rapid state of transformation following the implementation of the ‘Kensington to Kingsford Planning Strategy’. The K2K Strategy is a Government lead initiative that focuses on the evolution of the precinct and provides a detailed planning framework to increase the density of dwellings.
The development opportunity is further supported by the internationally recognised University of NSW, the Prince of Wales Hospital, a wealth of service amenity and considerable infrastructure investment.
Caractéristiques de l'actif
Points clés d'investissement
- Flexible B2 Local Centre zoning
- Part 5 & 9-storey height limit and up to a 4:1 FSR under the K2K DCP
- Amalgamated site area of 1,264sqm*
- Abundance of retail, lifestyle and public amenity nearby
- Only 100 metres* from the recently completed Todman Avenue Light Rail stop
- Highly accessible location with key economic drivers within proximity
6-10 Bowral Street is being offered For Sale sold via Expressions of Interest, closing Thursday 27th July 2023 at 4:00pm (AEST).