40A & 40B O'Dea Ave,
Waterloo, NSW 2017

This offering provides an outstanding opportunity to acquire a key residential development site in Waterloo with an indicative architectural scheme comprising 161 residential apartments and 5 retail suites.

The raw site is located within the Lachlan Precinct, forming part of the Green Square Redevelopment Area and includes a building envelope for a 20 storey high rise tower, being one of only four towers allowed in the precinct. This ensures the ability to capitalise on view corridors, particularly towards the CBD and Eastern Suburbs Beaches and provide an attractive development also including two 4 storey building envelopes.

Demand for residential development in city fringe locations will continue to strengthen with property commentators forecasting significant price growth in 2014.

Situated 4 kilometres (approx.) to the Sydney CBD and 5 kilometres (approx.) to Sydney Airport via main roads, the site is surrounded by excellent public amenity, sporting facilities and open spaces including Centennial Park, Sydney Football and Cricket Stadiums and Royal Randwick Race Course.

The convenient position of the precinct in relation to major roads ensures that the several beaches between Maroubra and Bondi are always accessible.

Public transportation is within close proximity to the site including major bus routes and Green Square Railway Station approximately 900m from the site on a level walk.


*Rare and limited opportunity to develop a city fringe high rise tower
*Building envelopes include 20 and 4 storey buildings
*Indicative scheme comprising 161 residential apartments and 5 retail suites
*Approx. 900m to Green Square Railway Station
*Site area: 5,591 m2 approximately

Expressions of Interest closing Wednesday 30th October, 2013 at 3pm (AEST)