246 & 248 Wardell Road Marrickville NSW 2204

Here is an exceptional opportunity to purchase one of the best-located sites within the Inner West, sitting on the cusp of the Marrickville and Dulwich Hill border this location has a strong appeal to both owner-occupiers and tenants alike making this site the perfect choice for builders and developers looking for strong returns either on their sales rates or are considering a high-yielding build-to-rent strategy. A lot of the hard work has been completed with a D.A. approval and C.C. finalized for 38 apartments and 2 commercial shops.

> Easy construction with a 2-level basement complimented with rear lane access from Murray Lane
> Currently occupying the site are 2 homes and 2 shopfronts with short-term holding income
> Large land holding of 1264m2.
> Strong future development pre-sales underpinned by a chronic undersupply of quality apartments
> Potential planning upside from the TOD accelerated precincts strategy announced by the state government
> Located only 7kms from Sydney CBD with immediate access via numerous transport options, with Dulwich Hill Train Station only 50m away
> Close to a range of popular amenities such as Cooks River Parklands, arterial roadways, cafés, restaurants and bars

*All amounts, areas and distances are approximate

Auction Details:
For Sale by Auction on Tuesday, 6th August 2024
In Rooms & Online, 50 Margaret Street, Sydney NSW 2000