Savills is delighted to offer for sale this high profile Sydney Road landholding in a highly sought after location at 162-170 Sydney Road, Brunswick. This property represents a fantastic opportunity to acquire a permit approved site, with 80% of the project already pre-sold.
The key attributes of this fantastic opportunity include:
- Large site of 849sq m*
- Massive Sydney Road frontage of 19m* plus valuable rear access
- Commercial 1 Zone
- Sold income from existing improvements (no restrictive lease terms)
- Approved permit for a quality 6-level mixed-use project comprising 35 apartments plus a large retail space
- Highly advanced and de-risked with 80% of the apartments already pre-sold
- Significant development upside potential with nearby approved projects of 8 levels and current applications for 10 levels
- Sydney Road’s best location, just metres from Barkly Square Shopping Centre, Jewell Station and close to RMIT Brunswick and the expansive Royal Park
- Tram routes run directly into the CBD
- A superb opportunity to deliver the current project immediately or to create a new vision for the future!
Road, Brunswick is For Sale by Expressions of Interest closing Tuesday 28 November at 2pm. For further information, please contact: Jesse Radisich - 0402 085 702 Nick Peden - 0402 011 266 Benson Zhou - 0458 488 888