6 Forsyth Street, Kingsford NSW 2032

The Site offers buyers a prime opportunity to secure a DA approved residential development with no basement containing 13 residential units and communal area.

Situated within walking distance to University of New South Wales, the site is just moments away from the Kingsford Light Rail on Anzac Parade providing convenient access to a range of amenities across the entire Light Rail network.

With the rental market exceptionally competitive near established Tertiary Education Facilities, this is an ideal opportunity to capitalise on the growing rental demand for affordable accommodation in the area.

Additional Highlights of the Property:
- Site Area of 499.5 sqm*
- Dual Street Frontage onto Forsyth Street and Harbourne Lane
- DA approved for 12 x Studios plus a 1-Bedroom Apartment
- Two (2) storey building with no basement
- Efficient design and build
- All units feature balconies
- Zoned R3 Medium Density Residential
- Close proximity to the University of New South Wales
- Strategically located only 5 minute* walk to Anzac Parade, providing direct access to Light Rail Network
- Strong potential for high rental return and growth
- Versatile end product suitable for build-to-sell or build-to-rent

*Approx.

The property is offered for sale via Expressions of Interest closing, Wednesday 3 July 2024 at 3:00pm.

In conjuction with Roger Wardy from Raywhite Touma Group 0481 355 493 and Victor Sheu from Raywhite Commercial 0412 301 582

Disclaimer: The information contained on this advertisement is believed to be reliable and while every effort has been made to ensure that the information is accurate, Frankada Property Group disclaims any implied warranty or representation about its accuracy, completeness or appropriateness for any particular purpose.