Auction 27th July

2 Punt Road, Gladesville, NSW 2111


Existing block of 4 units - DA Approved for 24 Apartments

A rare opportunity to acquire a prime development site (MU1 Mixed use zoning, Floor-space-ratio 2.7:1) approved for a 6-storey residential building on a 734m2 block. The development approval features 9 x 1-bedroom, 13 x 2-bedroom, and 2 x 3-bedroom modern apartments, many with terraces and eight with enclosed sunrooms. Secure parking for 25 cars over only two basement levels, complemented by a communal rooftop terrace offering breathtaking views of the Parramatta River, Sydney Harbour Bridge and Sydney CBD.

The existing two-storey full-brick building, currently generating holding income, consists of 4 x 2-bedroom + Study apartments and 4 car spaces. Conveniently located near Victoria Road, the property is just moments from shops, parks, and public transport to Sydney and Parramatta CBDs.

Property Info

Municipality
Gladesville

AUCTION

Saturday, 27 Jul 2024
10:00 am
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