NGFarah are pleased to present 120,120a,122,124 Botany Street + 58 Wallace Street, Kingsford for sale via expressions of interest.

This site presents a prime development opportunity due to its central location. It encompasses five properties with dual street access, offering a level and unencumbered terrain suitable for diverse development options. Potential uses include multi-residential developments, student accommodation, mature age living facilities, or boarding homes. The property's proximity to the University of New South Wales and the Prince of Wales Hospital enhances its appeal, making it highly attractive for developers and investors alike. Furthermore, its convenient access to major transport amenities further boosts its desirability for prospective stakeholders.

Land dimensions: 34.48m / 42m x 72.24m = 2149.7 sqm
Zoned R3 – Height of building 16.5 m + 20% - 30% height Bonus – HIA 4 of Randwick's E7 Plan
FSR: 1.6:1 with potential FSR bonus - GFA 3439.52 sqm + 20% - 30% bonus (4126 sqm – 4470 sqm)

The property's strategic location, versatile zoning provisions, and proximity to educational institutions present a compelling investment opportunity. Developers, investors, and stakeholders looking to capitalize on the growing demand for housing and accommodation in the area are poised to gain substantial benefits from this prime real estate opportunity.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.