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147A Garnet Road, Kareela, NSW 2232

Expressions Of Interest Now Open

Highland Commercial and JLL as the exclusive selling agents are pleased to offer Future Lot 147A Garnet Road, Kareela (Property) via "Expressions Of Interest"


This unique property offering is an exceptional development opportunity within the highly affluent suburb of Kareela, a tranquil region in Sydney's illustrious Sutherland Shire.


Set on an expansive 9,463 sqm* landholding within an area primarily comprising of low density housing, the site has received valuable planning uplift from a rigorous Planning Proposal and Development Application approvals which has successfully rezoned the parcel to R2 – Low Density Residential with additional permitted use right for the development of a 'Residential Flat Building'.


Development Highlights


  • ‐ Blank canvas development opportunity spanning an expansive land area of 9,463 sqm*

  • ‐ Valuable Planning Proposal and DA approval which has successfully rezoned the land (proposed Lot 104 in Deposited Plan 1279999) to R2 – Low Density Residential with "additional permitted use"

  • ‐ Additional permitted use for the land provides clearly defined planning controls to create a 16-metre residential project yielding 6,624.1 sqm* of GFA (STCA)

  • ‐ Exceptionally rare offering, one of only two freehold land holdings above 9,000 sqm in the Sutherland Shire LGA which permits residential flat buildings or townhouses

  • ‐ Unique development offering superb optionality for a wide array of end uses that perfectly cater to meet downsizer, first home buyer and community demand

  • ‐ Potential to capture vast district and tranquil bushland view corridors

  • ‐ Highly affluent demographic evident by the median weekly household income of Kareela being 30%* above Greater Sydney's and 47%* of dwellings in the suburb owned outright²

  • ‐ Surrounded by an abundance of amenity, ranging from local transport (bus and rail services), retail (Kareela Village), leisure (Kareela Golf Club), health facilities and education amenity

  • ‐ Approximate

    • ² ABS Census 2021 Kareela


    Note: Future lot pending subdivision of 'Part of 147 Garnet Road, Kareela NSW 2232 and 2 Mikarie Place, Kirrawee NSW 2232'. (Proposed Lot 104 in Deposited Plan 1279999, being part of Lot 1142 in Deposited Plan 752064 and Lot 1 in Deposited Plan 225581


    Written "Expressions Of Interests" must be received by no later than 3pm Tuesday 26th August using the EOI form provided by the agent.

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    Property Info

    Municipality
    Kareela

    LEGAL DOCUMENTS

    Statement of Information

    • 9,463 Sqm
    Henderfield Southern Highlands - Taren Point

    [email protected]

    041921 ...

    Henderfield Southern Highlands - Taren Point Taren Point

    40 Cawarra Road

    Taren Point, NSW 2229

    Tel: 02 9540 1772

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