Positioned within the heart of Blakehurst, a prestigious residential suburb, within the St George LGA. This investment presents a great opportunity for developers to acquire a prime real estate in Blakehurst.
1 - 5 James St Blakehurst currently consists of three free standing houses with a total land size area of around 1365sqm for all three properties. Current zoning is R4 Medium Density Residential
These properties come with a DA approval for 23 units on a 4 levels building over a double basement with the following combinations: 16 x 2 bedrooms, 3 x 3 bedrooms and 4 x 1 bedrooms.
This excellent DA approved development opportunity at 1-5 James Street, Blakehurst is offered for sale via an Expression of Interest Campaign (EOI) closing Wednesday 28 January 2022 at 4pm (AEST).
This development site lies within an active purchaser market with strong population growth and rental demand.
Key features of the property:
- 1365sqm total land area
- Elevated corner block
- Surrounded by local schools such as Blakehurst High School
- Beach, Parks and playgrounds within walking distance
- 2.9km to Oatley Train Station and to Hurstville Train Station
- short drive to Westfield Hurstville
- 1.7km to South Hurstville Retail hub
- 500m to Carss Bush Park
Key features of the development site:
- R4 - Medium Density Residential Zoning
- 15m height limit
- 1.5:1 FSR
- Premium DA approval for 23 Apartments
- consists of the following apartment combination:
1 Bed - 4 Units
2 Bed - 16 Units
3 Bed - 3 Units (including a penthouse)
- Approval for 4 levels building over 2 basement levels carpark
For further information or to request an inspection please contact the exclusive selling agent Joelle Achi from Morning Property Real estate on 0405500540.
Please note all above mentioned areas approximate only. We do not accept any responsibility to any person in relation to the accuracy of the above mentioned information. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is accurate.
