Thornton on Chapel, 22-32 Botany Road, Alexandria_Property for Sale
Thornton on Chapel, 22-32 Botany Road, Alexandria_Property for Sale
22-32 Botany Road, Alexandria, NSW, 2015, AU

Thornton on Chapel, 22-32 Botany Road, Alexandria

Asset Description

JLL as the exclusive selling agent is pleased to offer Thornton on Chapel (22-32 Botany Road), Alexandria For Sale by way of Expressions of Interest. 


Thornton on Chapel is the most exciting Co-Living development opportunity in Sydney featuring a highly valuable and unrepeatable approval. 


This is a unique and exceptionally rare offering with approval to create an efficiently designed 5-storey Co-Living project comprising of 66 studios, 2 ground floor commercial lots, no requirement for a basement or parking and is strategically set to capture the ideal target demographic of students, key workers and young professionals. 

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Attributes

Land area gross
846 m²

Media

Investment Highlights

Development highlights include:  


  • Commanding 846 sqm* site with three street frontages.  
  • Situated in a premium and tightly held city fringe location uniquely bordering Alexandria, Redfern, Waterloo and Eveleigh. 
  • Surrounded by employment hubs, retail destinations and leisure amenity. 
  • Irreplaceable DA approval for an efficiently designed 5-storey Co-Living development comprising of 66 studios, 2 ground floor commercial units with prominent frontage to Botany Road.  
  • No requirement for a basement or parking. 
  • Strategically located with major health and education amenities nearby including The University of Sydney (1.3km* away), University of Technology Sydney (1.8km* away), The University of Notre Dame (1.7km* away) and Royal Prince Alfred Hospital (2.6km* away). 
  • Optimally positioned to capture the ideal demographic of students, young professionals and key workers, with 40% of the region’s population aged between 20 - 34 years old and 65%* of dwellings are rented¹, % growing consistently YoY. 
  • Favourable market dynamics and residential rental conditions, highlighted by low vacancies, surging rents, subdued supply in Inner Sydney’s development pipeline and a growing population. 
  • An abundance of major infrastructure projects are underway, recently opened or approaching completion including; Tech Central, Central Precinct renewal, Waterloo community plaza (above Waterloo Metro Station) which will greatly improve the region’s accessibility, connectivity and bolster long term value. 
  • Unrivalled transport connectivity throughout Sydney, within 100m* to local bus stops, 400m* to Redfern train station and 120m* to the brand new Waterloo Metro Station which forms part of Australia’s largest public transport infrastructure project Sydney Metro. 


* Approximate  

¹ ABS 2021 Census Statistical Area Level 2: Erskineville-Alexandria, Redfern-Eveleigh 2 & Waterloo 

 


Thornton on Chapel is being offered For Sale by way of Expressions of Interest closing Thursday 12th September 2024 at 2:00pm (AEST).  

 

All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents. 

Thornton on Chapel, 22-32 Botany Road, Alexandria 4_Property for Sale
Thornton on Chapel, 22-32 Botany Road, Alexandria 4_Property for Sale

Contact brokers

Thornton on Chapel, 22-32 Botany Road, Alexandria (0 Properties)

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Last updated
18 Aug 2024