253 Coward Street Mascot NSW 2020

Colliers, as exclusive selling agents, are pleased to introduce 253 Coward Street, Mascot, to the market for sale. This property presents an exceptional opportunity to acquire a highly versatile development site with unlimited upside potential within the thriving Mascot industrial and commercial precinct.

Situated on a substantial 4,047m² corner block with superior profile, providing excellent exposure across three street frontages, this opportunity presents significant development potential with an existing DA Approval for a commercial office building, leveraging a Gross Floor Area (GFA) of 16,287m² at 4.02:1. Further supported by the flexible E3 Productivity Support zoning, the property presents diverse purchaser appeal given the dynamic South Sydney location.

Key Property Highlights:

- Diverse appeal to a large cross-section of potential purchasers, including owner occupiers, industrial developers, strata developers, commercial office developers and self-storage operators.
- Impressive 4,047m² landholding occupying a prominent position with three expansive street frontages, offering unrivalled exposure.
- Prime location within Mascot, one of Australia's most highly coveted institutional-grade investment markets.
- Flexible E3 Productivity Support zoning offering multiple potential development outcomes, underpinned by a substantial 3:1 FSR and a 44 metre height limit, allowing for a potential GFA of 12,141m² (STCA).
- Existing DA Approval for an eleven storey commercial office development with a Gross Floor Area (GFA) of 16,287m² at 4.02:1.
- Ideally located in the vibrant Mascot commercial and industrial precinct, bordering the Mascot mixed-use zone and within 450 metres from Mascot station.
- Unparalleled access to the Sydney Kingsford Smith Airport, Port Botany and key arterial roads and motorways, including the M5 & M8 Motorways and the recently completed Sydney gateway.

All figures are approximate.

253 Coward Street, Mascot is offered for sale via an Expressions of interest (EOI) campaign closing at 3:00pm (AEDT) Thursday, 31st October 2024.