As exclusive marketing agents, CBRE are pleased to present to the market for the first time – the opportunity to acquire the freehold ownership to a truly iconic piece of real estate in one of Sydney’s most affluent inner city suburbs.
Located atop the Drummoyne Peninsula, the Drummoyne Reservoir otherwise known as lots 13, 14, 15 and 16 of deposited plan 455626 offers astute developers and investors an unique island site with existing improvements suitable for reconfiguration or adaptive redevelopment (STCA).
Key features of the property includes;
- Combined land area of 1,802sqm*on an island site with four street frontages
- Most unique opportunity offered in one of Sydney’s most affluent inner city locations only 6kms* from Sydney CBD
- Potential for residential, commercial, community or mixed use adaptive redevelopment (STCA)
- Decommissioned heritage water reservoir with an endorsed Conservation Management Plan in place
- Comprehensive due-diligence support for reconfiguration or re-adaption use
- Situated on the high-point of the Drummoyne Peninsula with unhindered 360° view from the current improvements
- Great accessibility to major amenity and employment hubs via Victoria Road and Lyons Road
The property will be sold by way of Expressions of Interest closing on the 28th June 2018 at 3pm.
For a copy of the Information Memorandum or to find out more about the property, please contact the exclusive marketing agents at CBRE.
Peter Vines – 0449 857 100
Victor Sheu – 0412 301 582
Simon Spicer - 0425 845 485
*approx