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2 Punt Road, Gladesville, NSW 2111
Existing block of 4 unit - Prime development site for apartments/ co-living / boarding house
Leaders Estate Agents in conjunction Anh Property Group is pleased to present 2 Punt Road, Gladesville
This is an exceptional opportunity to acquire this charming Art-Deco residence comprising of four self-contained apartments, each featuring three bedrooms plus a study, set on a generous 734sqm* parcel of land with valuable MU1 Mixed Use zoning.
Investors can benefit from a strong holding income while planning for future redevelopment, with zoning provisions allowing for a 6-storey height limit plus a further 30% bonus in height and density under the Affordable Housing SEPP (STCA).
Key Features:
• Large 734sqm* parcel of land
• Favourable planning controls, MU1 Mixed Use zone with 2.7:1 FSR and 19m HOB + 30% bonus under Affordable Housing provisions (STCA).
• Substantial passing income of approx. $100,000 p.a.
• Existing improvements: 4 x 2-bedroom apartments, each featuring separate living and dining areas along with a versatile wintergarden that can be adapted as a third bedroom, home office, or additional living space.
• 600m* to Gladesville Town Centre, shops, parks, and cafes
• Benefits from the Gladesville Master Plan aimed at revitalising the town centre with improved infrastructure and amenities.
• Convenient access to Sydney and Parramatta CBDs via Victoria Road
• Close to quality schools and major regional hubs
• Bus stop to Sydney CBD located just metres away
This site is well-suited to a variety of development outcomes including residential apartments, shop-top housing, childcare, boarding house or co-living but not limited to. (STCA).
For more information or to organise an inspection please contact the exclusive selling agents:
Anh Tran on 0451 297 682
Email: [email protected]
Leon Chan on 0404 881 309
This is an exceptional opportunity to acquire this charming Art-Deco residence comprising of four self-contained apartments, each featuring three bedrooms plus a study, set on a generous 734sqm* parcel of land with valuable MU1 Mixed Use zoning.
Investors can benefit from a strong holding income while planning for future redevelopment, with zoning provisions allowing for a 6-storey height limit plus a further 30% bonus in height and density under the Affordable Housing SEPP (STCA).
Key Features:
• Large 734sqm* parcel of land
• Favourable planning controls, MU1 Mixed Use zone with 2.7:1 FSR and 19m HOB + 30% bonus under Affordable Housing provisions (STCA).
• Substantial passing income of approx. $100,000 p.a.
• Existing improvements: 4 x 2-bedroom apartments, each featuring separate living and dining areas along with a versatile wintergarden that can be adapted as a third bedroom, home office, or additional living space.
• 600m* to Gladesville Town Centre, shops, parks, and cafes
• Benefits from the Gladesville Master Plan aimed at revitalising the town centre with improved infrastructure and amenities.
• Convenient access to Sydney and Parramatta CBDs via Victoria Road
• Close to quality schools and major regional hubs
• Bus stop to Sydney CBD located just metres away
This site is well-suited to a variety of development outcomes including residential apartments, shop-top housing, childcare, boarding house or co-living but not limited to. (STCA).
For more information or to organise an inspection please contact the exclusive selling agents:
Anh Tran on 0451 297 682
Email: [email protected]
Leon Chan on 0404 881 309
Property Info
Municipality
Gladesville
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