94-98 Addison Road, Marrickville, NSW 2204

Floor Area:

1394sqm

Land Area:

797sqm

For Sale

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Prime Inner West Development Site | 797m², Zoned Mixed Use, with 2 x DA Approvals

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

> 94 Addison Rd - 309.8sqm

> 96-98 Addison Rd - 486.9sqm

> 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

Luke Smith

Director | Licensed Real Estate Agent | Licensed Business Agent

Ben Ayers

Sales & Leasing Consultant

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L30746749
Property Type:Land/Development
Building / Floor Area:1394 sqm
Land Area:797 sqm

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