Sold.
This inspired McGregor Westlake design allows for a 7 storey construction with an impressive schedule of apartments and commercial lots. This amazing site has Randwick Council consent for the construction of 31 apartments and 4 commercial spaces all with mezzanine areas.
Perfectly positioned on the corner of Anzac Parade and Addison Street Kensington in the heart of a strong infrastructure of shopping, learning and lifestyle and within the catchment area for the UNSW and Prince of Wales Hospital complex, this proposed development offering a mixture of 1, 2 & 3 bedroom apartments and 4 commercial/professional spaces will give easy access to the South East Light rail link from CBD to Kingsford and Randwick.
The Kensington shopping district offers a mixture of major retailers such as
Peters of Kensington, Supa-Centre at Moore Park and boutique shops, restaurants and cafes. A number of internationally renowned golf courses are also situated within short distances of the site.
Current Improvements:
153 – 155 Anzac Parade Kensington
3 storey block of 6 x 2 bedroom sunroom strata title home units
Units 1 – 6 (Lots 1 – 6 SP 54201) G.A.R $150,020 (on a fully let basis)
157 Anzac Parade Kensington: (Lot 3 DP 314290)
Single level freestanding structure
Professional medical, dental suites & showroom
Off street parking via Addison Street
GAR Estimated $160,000 (On a fully let basis)
Total site GAR (Estimated) $310,000 (approx).
Details at a glance
Consent reference DA/900/2014. Date of Determination 1 December 2015
Land Area 760sqm (approx)
Approved Development Mix;
21 X 1 bedroom apartments
8 X 2 bedroom apartments
2 X 3 bedroom penthouses
4 X commercial lots (with mezzanine levels)
Seven levels plus basement parking.
Copy of approved plans and conditions and Contracts for sale are
available on written request to nick@lskk.com.au
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