347 Port Hacking Road Caringbah NSW 2229

Ray White Commercial Metropolitan Sydney is pleased to present 347 Port Hacking Road, Caringbah for sale via Auction.

This efficiently designed, DA approved development site is located only moments from Caringbah train station, shops and nearby amenities. On completion, this development site will boast water views from almost every level and includes ground floor retail in a high demand, developing location.

This design is by ADS Architects who have thoughtfully designed the project to maximise the floor plates and ensure each apartment benefits from views of the surrounding landscapes. Situated in the heart of the Sutherland shire, Caringbah is located between the major centres of Cronulla to the east, Miranda to west and is itself one of the regionals largest residential and employment hubs with almost 13,000 residents and a strong population increase project.

Additional highlights of the property are outlined below:

- DA approved for 17 residential apartments plus ground floor retail
- Site Area of 703 sqm*
- Zoned B3: Commercial Core
- Approved residential GFA of 1,524 sqm*
- Desirable apartment mix (2 x 1 bedroom, 2 x 3 bedroom, 13 x 2 bedroom)
- Partially leased current income of $60,000 p.a* with estimated fully leased income in excess of$200,000 p.a.*
- 3.5km to Cronulla Beach

The property is offered via Auction on Tuesday 9th November 2021 at 10:30am (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