$4,000,000

38 Auburn Street, Sutherland, NSW 2232


DA-Approved Site

A site with much potential, this boutique DA approved development site is ready for demolition and commencement. In a prime location, it is set to become a modern four-storey apartment block with two levels of basement parking and storage facilities. With 22 spacious apartments and 39 parking spaces, this architecturally designed development is designed to maximise natural light and provide ample living space. A significant opportunity for an astute developer or investor. DA approved plans available upon request.

High Points

  • ‐ DA Approved for 22 apartments and 39 car spaces
  • ‐ Estimated Gross Realisation $22,500,000 approx. (contact for supporting sales evidence)
  • ‐ Architecturally designed by renowned Couvaras Architects
  • ‐ Approved NSA of 1,792sqm (approx.), Generous Land Holding of 1,348sqm (approx.)
  • ‐ Zoned R4 High Density Residential, 1.5:1 FSR, 20m Height of Building Limit
  • ‐ Frontage of 20m (approx.) to Auburn Street
  • ‐ Rental Opportunity: Capitalise on the notably low 1.6% rental vacancy rates
  • ‐ Convenient location approximately 800m to Sutherland and Kirrawee train station whilst enjoying access to the amenities of Sutherland CBD and South Village Kirrawee within walking distance

Property Info

Municipality
Sutherland
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