Issue 33 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

87-91 Middle Street, Kingsford For Sale DA approved Kingsford

Closing 5 July 2022 at 2.00pm For Sale by Expressions of Interest

– Large scale new generation boarding house development site - 68 rooms, 2 common rooms, ample parking and amenity for tenants. – Strong & diversified cashflow asset - project gross income of $1,890,300 on completion – A rare DA approval - a favourable parking ratio outcome never to be replicated. Planning control changes hinder any further supply of boarding houses in the future

0423 015 815 Demi Carigliano 0402 666 093 Anthony Pirrottina 0406 560 204 Dylan McEvoy 0451 956 273 Gordon McFadyen

property.jll.com.au

*(Approx)

June / July 2022 – 29

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