5 Mary Street,
Drummoyne, NSW 2047
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Map of 5 Mary Street
Landmark Development Site or School Facility
The Opportunity
Located in the prime suburb of Drummoyne, the property represents a once in a lifetime land holding, as sites of this size in prime locations are incredibly rare.
The property would suit educational, community or school groups looking for an existing facility or residential developers looking to capitalize on the 8,979sqm (approx) of residentially zoned land.
Developers will also take note of the substantial land holding which presents a myriad of development opportunities under the zone, including torrens and strata subdivision.
The Inner West residential market has been a consistent strong performer, as a result remains popular with developers and home owners.
Key Features
*Former Drummoyne Boys High School
*5 existing buildings
*Zoned R2 Residential
*Land area 8,979sqm (approx) level site, two street frontages
*Current passing income circa $250,000 pa
*Lease term until June 2014
Method of Sale
Expressions of Interest are to be submitted to Colliers International by 4.00pm (AEST) Wednesday, 24th April 2013.
Located in the prime suburb of Drummoyne, the property represents a once in a lifetime land holding, as sites of this size in prime locations are incredibly rare.
The property would suit educational, community or school groups looking for an existing facility or residential developers looking to capitalize on the 8,979sqm (approx) of residentially zoned land.
Developers will also take note of the substantial land holding which presents a myriad of development opportunities under the zone, including torrens and strata subdivision.
The Inner West residential market has been a consistent strong performer, as a result remains popular with developers and home owners.
Key Features
*Former Drummoyne Boys High School
*5 existing buildings
*Zoned R2 Residential
*Land area 8,979sqm (approx) level site, two street frontages
*Current passing income circa $250,000 pa
*Lease term until June 2014
Method of Sale
Expressions of Interest are to be submitted to Colliers International by 4.00pm (AEST) Wednesday, 24th April 2013.
Property ID: 500664231Last Updated: 16 May 2014
02 9257 02...
5 Mary Street
Drummoyne, NSW 2047
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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