1081-1091a Old Princes Highway Engadine NSW 2233

Knight Frank are delighted to offer for sale via Expressions of Interest a residential development site with DA approval for 115 apartments plus ground floor retail. The property is located at one of the highest points in the Sutherland Shire, specifically in the town centre of Engadine Village precinct benefiting from ease of access to public transport, local cafes, retail stores, health and education centres.

The opportunity benefits from the following key features:
-DA approval for 115 residential apartments with retail, containing a generous mix of 2 bedroom apartments.
-Highpoint of the Sutherland Shire, with most apartments featuring spectacular district and CBD views
-A site area of 5,288sqm* with an ease on accessibility via a dual frontage
-Ample public transport with Engadine Train Station and bus routes all within 300m*
-Surrounding the opportunity is Engadine Town Centre Square Shopping Centre, St John Bosco College, Engadine RSL, Engadine Library
-Also located nearby are major retailers such as Woolworths, ALDI, IGA, Coles, Subway, McDonalds, KFC, Crust
-Lack of supply and competition within the Engadine precinct of newly developed apartments since the newly introduced LEP from Sutherland Shire Council
-Strong existing income until mid-2017
-Within a short drive is the newly refurbished Miranda Westfield, Cronulla Beach and The Royal National Park

The property is being offered for sale via Expression of interest closing Wednesday 7th December 2016.

For an information memorandum or due diligence material, please contact the exclusive selling agents.

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