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'Site Sale' Gibbs Street

'Site Sale' Gibbs Street, Miranda

INVESTMENT OPPORTUNITY FOR FUTURE REDEVELOPMENT - R4 SITE

Block of seven strata townhouses to be sold in one line. Current mix of 3 bedroom / 1.5 bathroom townhouses, all with off-street parking. Short stroll to Westfield Miranda and all shopping amenities, including restaurants, cinemas and station.

Future potential under Sutherland Shire LEP 2015 allows for R4 high density development.

• Height: 16m (4-5 storey)
• Land size: 1,416sqm - 35/40m x 38m
• FSR 1.2:1
• Net Floor Area: 1,700sqm

Rental yield of $202,000-$218,000 Gross PA based on current rental appraisal.

+ Excellent opportunity for immediate investment or future redevelopment (STCA)
+ Near level block with two street frontages, cul-de-sac, North/South aspect
+ Well maintained and managed complex
+ Short stroll to Miranda Westfield and Station
+ Cronulla Beaches 10 minute car or train ride away
+ Sydney airport and CBD a straight commute

For more information or to receive an Information Memorandum (IM) please contact Chadd Hancock 0438 278 330 at sales.miranda@lsre.com.au.

EXPRESSION OF INTEREST (EOI) CLOSE: 30 JUNE 2017

'Site Sale' Gibbs Street, Miranda

INVESTMENT OPPORTUNITY FOR FUTURE REDEVELOPMENT - R4 SITE

Block of seven strata townhouses to be sold in one line. Current mix of 3 bedroom / 1.5 bathroom townhouses, all with off-street parking. Short stroll to Westfield Miranda and all shopping amenities, including restaurants, cinemas and station.

Future potential under Sutherland Shire LEP 2015 allows for R4 high density development.

• Height: 16m (4-5 storey)
• Land size: 1,416sqm - 35/40m x 38m
• FSR 1.2:1
• Net Floor Area: 1,700sqm

Rental yield of $202,000-$218,000 Gross PA based on current rental appraisal.

+ Excellent opportunity for immediate investment or future redevelopment (STCA)
+ Near level block with two street frontages, cul-de-sac, North/South aspect
+ Well maintained and managed complex
+ Short stroll to Miranda Westfield and Station
+ Cronulla Beaches 10 minute car or train ride away
+ Sydney airport and CBD a straight commute

For more information or to receive an Information Memorandum (IM) please contact Chadd Hancock 0438 278 330 at sales.miranda@lsre.com.au.

EXPRESSION OF INTEREST (EOI) CLOSE: 30 JUNE 2017
Location
4-6 Gibbs Street
Miranda

Office & Agent

Laing+Simmons Projects
Chadd Hancock
02 9291 7000
0438 278 330
VIEW
For more information or to receive an Information Memorandum (IM) please contact:
Chadd Hancock 0438 278 330
sales.miranda@lsre.com.au
EOI CLOSE: 30 JUNE 2017

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