Issue 50 | The Property Development Review

Property Listings – NSW

For sale by Expressions of Interest Closing Thursday 4 April 2024 at 3.00pm (AEDT) – 2,538sqm* freehold development site – Favourable R1 – General Residential zoning – Potential 12,182sqm* of GFA (STCA) – Potential amalgamation opportunity with adjoining site - 3,176sqm* site | 15,244sqm* GFA (STCA) For sale 18-20 Old Castle Hill Road, Castle Hill NSW Premier development opportunity

Boundary Indicative

*(Approx.)

Gordon McFadyen 0451 956 273 Harry Sullivan 0425 232 688

property.jll.com.au

33 Oleander Parade, Caringbah South, NSW, 2229

PRIME DA APPROVED DEVELOPMENT Nestled on a sprawling 1,050m2 (approx.) parcel of land, and featuring an impressive 20.8m frontage, this significant property holds a prime position in one of Caringbah South’s sought-after neighbourhoods. Boasting Development Approval (DA), it presents substantial potential for redevelopment. Zoned R2 and conveniently located, the property is just a short walk from top-notch local schools, shops, cafes, transportation, and sporting fields. • Currently holds DA approval for the construction of 4 luxury homes (3 townhouses & 1 villa) complete with basements and double garages • The vast 1,050m2 block boasts a substantial 20.8m (approx.) frontage, spanning 51.4m and 55.4m on the side frontages (approx.) • Positioned in a highly lucrative locale, presenting a profitable opportunity for subdivision and redevelopment • Embraces a desirable northern aspect, ensuring an ideal exposure to sunlight throughout the day

Gavin Ottaway 0415 677 440

For Sale By Auction - 21st March

Alyssa Earley 0401 599 575

50 – April / May 2024

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