398-402 Kingsway & 27 Filde Street,
Caringbah, NSW 2229
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Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan StreetMASCOT, NSW 2020
04322420...
398-402 Kingsway & 27 Filde Street
Caringbah, NSW 2229
Detailed listing
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Prime Mixed Use Development Site with Upside
- Approved medical scheme opportunity
- Additional mixed-use scheme
- 30% FSR bonus with affordable housing
Colliers, is pleased to offer for sale 398-402 Kingsway & 27 Flide Street, Caringbah. Strategically positioned within the esteemed Caringbah medical and residential precinct, this prime development opportunity at 398-402 Kingsway & 27 Flide Street, Caringbah, presents an exclusive chance to capitalise on the growing demand within the Sutherland Shire and Caringbah markets.
Boasting unparalleled access to local resources, excellent transport links, a large affluent population and a thriving business ecosystem, this property offers immense potential as a mixed-use residential/medical development.
Key features include:
- Total land area 2,415.6m² across four titles
- Development approved medical facility comprising 5,030m² of Gross Floor Area and 142 car parks over 6 levels
- Additional mixed-use development concept incorporating 54 apartments and 1,250m² of medical services accommodation with 119 basement car parks
- The scheme benefits from the Affordable Housing (Housing SEPP), allowing for a 30% FSR and height bonus
- Existing short-term holding income of $125,060 per annum
- Caringbah has a proven apartment market with strong pre-sale activity and extremely high tenant demand spurred by robust population growth
- Strategic location with excellent proximity to schools, hospitals, Caringbah train station and Miranda Westfield
All figures are approximate.
398-402 Kingsway & 27 Flide Street, Caringbah will be offered for sale via an Expressions of Interest campaign, closing Wednesday, 9th October 2024 at 3:00pm (AEDT).
Should you require any further information or have any inquiries, please do not hesitate to contact the Colliers selling agent.
Boasting unparalleled access to local resources, excellent transport links, a large affluent population and a thriving business ecosystem, this property offers immense potential as a mixed-use residential/medical development.
Key features include:
- Total land area 2,415.6m² across four titles
- Development approved medical facility comprising 5,030m² of Gross Floor Area and 142 car parks over 6 levels
- Additional mixed-use development concept incorporating 54 apartments and 1,250m² of medical services accommodation with 119 basement car parks
- The scheme benefits from the Affordable Housing (Housing SEPP), allowing for a 30% FSR and height bonus
- Existing short-term holding income of $125,060 per annum
- Caringbah has a proven apartment market with strong pre-sale activity and extremely high tenant demand spurred by robust population growth
- Strategic location with excellent proximity to schools, hospitals, Caringbah train station and Miranda Westfield
All figures are approximate.
398-402 Kingsway & 27 Flide Street, Caringbah will be offered for sale via an Expressions of Interest campaign, closing Wednesday, 9th October 2024 at 3:00pm (AEDT).
Should you require any further information or have any inquiries, please do not hesitate to contact the Colliers selling agent.
Property ID: 504683256Last Updated: 27 Sep 2024
Colliers - Sydney SouthBuilding 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
MASCOT, NSW 2020