Issue 56 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

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Artists Impression

– Blank canvas development opportunity spanning an expansive land area of 9,463 sqm* – Valuable Planning Proposal and DA approval which has successfully rezoned the land (proposed Lot 104 in Deposited Plan 1279999) to R2 – Low Density Residential – Clearly defined planning controls to create a 16-metre residential project yielding 6,624.1 sqm* of GFA (STCA) – Exceptionally rare o™ering, one of only two freehold land holdings above 9,000 sqm in the Sutherland Shire LGA which permits residential flat buildings or shop top housingš – Unique development o™ering superb optionality for a wide array of end uses that perfectly cater to meet downsizer, first home buyer and community demand – Potential to capture vast district and tranquil bushland view corridors – Highly a™luent demographic evident by the median weekly household income of Kareela being 30%* above Greater Sydney’s and 47%* of dwellings in the suburb owned outright¢ – Surrounded by an abundance of amenity, ranging from local transport (bus and rail services), retail (Kareela Village), leisure (Kareela Golf Club), health facilities and education amenity

Neaf Ziade 0411 102 750

Luke Barbuto 0419 214 850

#corla#

property.jll.com.au

September / October 2024 – 35

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