94-98 Addison Road, Marrickville, NSW 2204

An ideal opportunity for the astute developer or investor to secure this prime site that offers a choice of options, with two valuable DA approvals, in this popular & rapidly evolving part of Sydney.

The 797m2 site has a 19.9m frontage and rear lane access. Developers can choose from two approved developments that will offer high yields and strong resales in this ever-popular north Marrickville location.

Approval number 1 provides 1,393.6m2 GFA and on completion will provide a high yielding asset that will generate strong consistent returns.

Approval number 2 is for a mixed use strata development that provides flexibility and strong resale potential.

Key Features:

> 797sqm site across two titles

> 19.9m frontage, rear lane access

> Holding income from multiple tenancies

> Benefits from 2 valuable DA Approvals

> Approval number 1 - 400m2 ground floor indoor recreation facility, and upper-level new generation boarding house consisting of 35 boutique self-contained studios with basement car parking

> Approval number 2 - Mixed use development consisting of 2 commercial tenancies and 14 residential units with basement car parking

> Strong anticipated resales or rental yields in this popular high demand location

> Poised to benefit from a range of nearby developments and infrastructure upgrades.

> Close to a range of popular amenities such as educational establishments, hospitals, shops, transport options, arterial roadways, café, restaurants, and bars.

*All amounts, areas and distances are approximate