THE PROPERTY DEVELOPMENT REVIEW
t
1 Maud Street, Randwick
Zoning R2
Land area *529m 2
(awaiting LEP Gazettal to R3)
Tenture type Vacant Possession
PRIME DEVELOPMENT OPPORTUNITY IN THE HEART OF RANDWICK
A rare and exciting development opportunity exists on the doorstep of the Randwick Health and Education Precinct, this freestanding single level property is currently zoned R2 and presents endless potential and possibilities with the announcement of a new LEP R3 zoning. Occupying approximately 529sqm* parcel, it boasts exceptional scope to capitalise on one of Sydney’s most sought-after locations, within a stroll of Newmarket and Prince of Wales Hospital as well as The University of New South Wales, Randwick Junction and all major retail amenities. • Substantial 529sqm* level block in prized Randwick setting • Zoned R2 awaiting LEP Gazettal to R3 • Currently comprises freestanding single level residence • Proposed 19.5m Height Limit & 1.8:1 FSR subject to Gazettal of draft LEP • Stroll to Prince of Wales Hospital, UNSW, Randwick Junction • Walk to Newmarket Development, The Spot & The Light Rail
* denotes approximate
James Nixon 0415 889 284 james@projects.rh.com.au In conjunction with Kiki Bermudez 0420 556 557 kiki@unlimited.rh.com.au
October / November 2022 – 57
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