2C Gladstone Street,
Newtown, NSW 2042
Development Sites & Land
Price information
Sold
Contact Agent
Detailed listing
Key property information
Land area
Floor area
Car spaces
Sold on
Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
2C Gladstone Street
Newtown, NSW 2042
Detailed listing
Map of 2C Gladstone Street
DA Approved Mixed Use Development Site with existing holding income
- Land area: 1320sqm*
- Approved GFA of 2,702sqm*
- Approved FSR 2.047:1
I.B Property in conjunction with Colliers are proud to present 2C Gladstone Street, Newtown, available for sale via Expression of Interest.
This prime property, located on the corner of Gladstone Street and Phillip Lane, offers a generous land area of 1,320m2* and holds a valuable Development Approval with an FSR of 2.047:1 encompassing 12 apartments, 1,454m2* of commercial space designed by renowned architects PBD Architects, and 31 car spaces. With an E3 – Productivity Support zoning, approved FSR of 2.047:1 and a height limit of 14m, this property presents a versatile potential for its future development as the DA approval exceeds the FSR control. Generating a steady holding income of $220,617* per annum, its strategic position in the heart of Newtown, in close proximity to Newtown Train station, King St Precinct, and the Enmore Theatre, adds to its allure as a compelling investment opportunity.
Key Highlights:
1. Land area 1,320m2*
2. Located on the corner of Gladstone Street and Phillip Lane
3. Valuable DA Approval for 12 apartments, 1,454m2* of commercial space & 31 car spaces
4. Zoning – E3 – Productivity Support
5. Approved FSR of 2.047:1
6. Approved GFA of 2,702sqm*
7. Heigh limit 14m
8. Holding income of $220,617* per annum
9. Convenient location – located in the heart of Newtown close to the station and moments off King St and the Enmore Theatre.
2C Gladstone Street, Newtown is for sale via Expression of Interest closing Thursday, October 12th 2023 at 2:00pm.
Don't miss out on this rare opportunity to secure a promising investment and contact the exclusive selling agents.
This prime property, located on the corner of Gladstone Street and Phillip Lane, offers a generous land area of 1,320m2* and holds a valuable Development Approval with an FSR of 2.047:1 encompassing 12 apartments, 1,454m2* of commercial space designed by renowned architects PBD Architects, and 31 car spaces. With an E3 – Productivity Support zoning, approved FSR of 2.047:1 and a height limit of 14m, this property presents a versatile potential for its future development as the DA approval exceeds the FSR control. Generating a steady holding income of $220,617* per annum, its strategic position in the heart of Newtown, in close proximity to Newtown Train station, King St Precinct, and the Enmore Theatre, adds to its allure as a compelling investment opportunity.
Key Highlights:
1. Land area 1,320m2*
2. Located on the corner of Gladstone Street and Phillip Lane
3. Valuable DA Approval for 12 apartments, 1,454m2* of commercial space & 31 car spaces
4. Zoning – E3 – Productivity Support
5. Approved FSR of 2.047:1
6. Approved GFA of 2,702sqm*
7. Heigh limit 14m
8. Holding income of $220,617* per annum
9. Convenient location – located in the heart of Newtown close to the station and moments off King St and the Enmore Theatre.
2C Gladstone Street, Newtown is for sale via Expression of Interest closing Thursday, October 12th 2023 at 2:00pm.
Don't miss out on this rare opportunity to secure a promising investment and contact the exclusive selling agents.
Property ID: 504415012Last Updated: 7 Nov 2023
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
IB Property75 Nelson Street
ANNANDALE, NSW 2038
ANNANDALE, NSW 2038
More properties from Colliers - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
481 King Street,Newtown, NSW 2042 226 m²Shops & Retail • Offices • Development Sites & Land
Contact Agent
481 King Street,Newtown, NSW 2042 225 m²Shops & Retail • Offices • Development Sites & Land
Contact Agent
10 Bridge Road,Glebe, NSW 2037 660 m²Offices • Development Sites & Land • Showrooms & Large Format Retail