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Sold on 15 Dec 2020

388-392 Lane Cove Road Macquarie Park NSW 2113

  • Development / Land
  • 2,478 m²
  • Sold

Prime DA-Approved Mixed-Use Development Site in the Rapidly Growing Macquarie Park

  • DA approved site totalling 2,478sq m*
  • Approval for 158 Serviced Apartments
  • Three level parking for 110 vehicles

The Savills Property Insolvency & Turnaround Services along with the Savills Hotels & Asian Markets Teams are pleased to exclusively offer 388-392 Lane Cove Road, Macquarie Park, for sale on behalf of the Liquidators appointed, KordaMentha.

Positioned in one of the North Shores most exciting growth corridors, the site is extremely well located being in close proximity to the Macquarie Park Metro Station, Macquarie Shopping Centre, Macquarie University, the M2 Motorway and a vast range of shops, bars, restaurants and gyms.

Opportunity Overview:

- Site Area: 2,478sq m*
- Development Control Plan: Ryde Local Environmental Plan 2014
- Zoning: B3 Commercial Core
- Consent No: LDA2015/0484
- Proposed Development: 158 serviced apartments, a café on the ground floor, 2 conference rooms, a pool and gym.
- Proposed GFA: 7,217sq m*
- Car Parking: 110 car spaces* (already excavated)
- Sales Process: For Sale via International Expressions of Interest closing at 2pm (AEDT) Wednesday 25th of November 2020
- Contract of Sale: The Contract of Sale and relevant due diligence material are available to interested parties upon request from the exclusive agents.

For further information or to arrange an inspection please contact a member of our team.

*Approx.

Nick Lower
Savills Sydney
Nick Lower
Savills Sydney
Leon Alaban
Savills Sydney
Leon Alaban
Savills Sydney
Andy Hu
Savills Sydney
Andy Hu
Savills Sydney
Ollie Ridley
Savills Sydney
Ollie Ridley
Savills Sydney

Property Highlights

Property ID2016567215
Date Sold15 Dec 2020
Floor Area7,217 m²
Land Area2,478 m²
EnergyAsk Agent
Parking110 x Onsite parkings
Building TypeWhole building
Category
Last updated  22 Dec 2020
Map for 388-392 Lane Cove Road Macquarie Park NSW 2113
Map for 388-392 Lane Cove Road Macquarie Park NSW 2113388-392 Lane Cove Road Macquarie Park NSW 2113
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Nick Lower
Savills Sydney
Nick Lower
Savills Sydney
Leon Alaban
Savills Sydney
Leon Alaban
Savills Sydney
Andy Hu
Savills Sydney
Andy Hu
Savills Sydney
Ollie Ridley
Savills Sydney
Ollie Ridley
Savills Sydney

Property Highlights

Property ID2016567215
Date Sold15 Dec 2020
Floor Area7,217 m²
Land Area2,478 m²
EnergyAsk Agent
Parking110 x Onsite parkings
Building TypeWhole building
Category
Last updated  22 Dec 2020
Savills Sydney
Level 25/1 Farrer Place Sydney NSW 2000
Nick Lower
Savills Sydney
Nick Lower
Savills Sydney
Leon Alaban
Savills Sydney
Leon Alaban
Savills Sydney
Andy Hu
Savills Sydney
Andy Hu
Savills Sydney
Ollie Ridley
Savills Sydney
Ollie Ridley
Savills Sydney

Ask Nick Lower about this property

Nick Lower

Nick Lower

Savills Sydney

Leon Alaban

Leon Alaban

Savills Sydney

Andy Hu

Andy Hu

Savills Sydney

Ollie Ridley

Ollie Ridley

Savills Sydney

0414 *** ***
0414 259 494

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