KINGSFORD, Middle St 87-91_Property for Sale
KINGSFORD, Middle St 87-91_Property for Sale
87-91 Middle Street, Kingsford, NSW, 2032, AU

KINGSFORD, Middle St 87-91

Asset Description

JLL and Knight Frank are exclusively appointed to offer 87-91 Middle Street, Kingsford for sale by expressions of interest.


This rare, DA approved, 1,398sqm site presents a remarkable development opportunity in Sydney’s Eastern Suburbs which is perfectly positioned next to Major Health, Education, Transport infrastructure and retail amenity.


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Attributes

Land area net
0.13 ha (1,348 m²)

Media

Investment Highlights

  • Large Scale New Generation Boarding House Development Site - 68 rooms, 2 common rooms, ample parking and amenity for tenants.  
  • Strong & Diversified Cashflow Asset - Project gross income of $1,890,300 on completion
  • A Rare DA Approval - A favourable parking ratio outcome never to be replicated. Planning control changes hinder any further supply of boarding houses in the future 
  • Major Tenant Demand From The Surrounding Health & Education Precinct - 450m from Randwick Hospital Campus and 450m of UNSW Campus
  • Supported by Extensive Transport Infrastructure - The property is located 750m from the Light Rail providing direct access to the CBD and other major rail links
  • Sydney’s Eastern Suburbs has some of Australia’s highest rents and housing prices
KINGSFORD, Middle St 87-91 4_Property for Sale
KINGSFORD, Middle St 87-91 4_Property for Sale

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KINGSFORD, Middle St 87-91 (0 Properties)

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Last updated
12 Apr 2023