NSW Opportunities
THE PROPERTY DEVELOPMENT REVIEW
Auction
Expressions of Interest 2 MILES STREET, MASCOT
7-7A HOUSTON ROAD, KENSINGTON
AUCTION ON-SITE 20 AUGUST 2025 TH
EOI CLOSING 21 AUGUST 2025 ST
DA APPROVED BOARDING HOUSE SITE - NO BASEMENT OR LIFT
PREMIUM DA APPROVED & CC COMMENCED CO-LIVING DEVELOPMENT OPPORTUNITY
DA approved for a 16 self contained room boarding house with no basement of lift Strategically surrounded by medical & education with exceptional demand for studio accommodation Potential to increase FSR to 2.2:1 under the lmr reforms (STCA), unlocking further value
Approved for 27 high end studios each over 27sqm
403 sqm site with existing duplex providing holding income
Significant CC works completed
Dual street access allows flexible design and ease of construction
Capitalise on the consistent demand for all inclusive studio accommodation
Future high returning investment with projected income c$1,000,000 per annum
Steps from UNSW, light rail, shops, and key amenities
10 minute walk to the vibrant Mascot Town Centre & station
DA approved at an FSR of 1.25:1 & approved GFA 1,107 sqm*
ADAM BODON 0402 700 786 adam.bodon@adamcharles.com.au
ADAM BODON 0402 700 786 adam.bodon@adamcharles.com.au
28 – August / September 2025
August / September 2025 – 29
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