Ray White Commercial NSW, under instructions from Charter Keck Cramer as Transaction Advisor, is pleased to present 130 Killeaton Street, St Ives for sale via Expressions of Interest.
This significant land holding offers the future owner a range of redevelopment options under the existing zoning or the opportunity to create alternative development options through a rezoning.^
The site is currently zoned SP2 - Infrastructure (Education Establishments) and is improved by a large freestanding residence which has been occupied as a dwelling since its construction approximately 32 years ago. Future development options include child care facilities, seniors living development and group homes.^
Given the scale of the site and surrounding development, future owners could also explore planning proposal options to rezone the site for a scaled residential development site.^
Additional highlights of the property are outlined below:
- Site area of 2,803 sqm*
- Two year leaseback (Rental calculated at 3% yield)
- Zoned SP2 - Infrastructure (Education Establishments)
- Existing permissible uses include seniors living, childcare and group homes (S.T.C.A.)
- Currently improved by a large residence
- 35m* street frontage
- Significant future redevelopment potential (S.T.C.A.)
- 1km* to St Ives Shopping Village
This development opportunity is offered for sale via Expressions of Interest closing Wednesday 6th October 2021 at 4pm (AEDT).
For more information, please contact the below selling agents:
Samuel Hadgelias
Director
Ray White Commercial - Metropolitan Sydney
0403 254 675
shadgelias@raywhite.com
Jeff Moxham
Principal
Ray White Commercial - Metropolitan Sydney
0413 838 339
jmoxham@raywhite.com
Peter Vines
Managing Director
Ray White Commercial - Western Sydney
0449 857 100
peter.vines@raywhite.com
Victor Sheu
Director & Head of Asian Investment Services
Ray White Commercial - Western Sydney
0412 301 582
victor.sheu@raywhite.com
