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391 Kingsway Caringbah NSW 2229

  • Development / Land
  • Land Size1.3 ha
  • PriceFor Sale, Please contact agent

DA Approved New Gen Boarding House Development Opportunity with Head Lease

Colliers International is pleased to offer for sale 391-393 Kingsway Caringbah, a New Generation Boarding House development site with a DA approved for 65 self-contained boarding rooms. Strategically located within the Caringbah Medical Precinct between two train stations, purchasers can buy with or without the security of a Head lease to a corporate serviced accommodation operator.

Key Highlights:

- Site Area: 1,277.2 m²*
- Zoning: R4 High Density Residential
- Floor Space Ratio: 1.2:1
- Building Height 16m
- DA: 65 self-contained boarding rooms and a basement car park containing 33 car spaces.
- The site is being offered with a head lease to a corporate serviced accommodation operator, if required

Strategic location- Jobs, transport, lifestyle:
- Sutherland Hospital (300m)*
- Kareena private (500m)*
- Caringbah Train Station (500m*)
- Miranda Train Station (1.8km)*
- Westfield Miranda (1.7km)*
- Coles Caringbah Shopping Complex (450m*)
- Cronulla Beach (4.2km*)
- Royal National park (12km*)
- Woolooware Bay (2.3km)*
- Taren Point (2.3km)*

Offered for Sale via Private Treaty

Please contact either of the exclusive selling agents, Tom Fernon, Addison Hunter or Trent Gallagher for further details.

*Approximately

Property Highlights

Property ID2014778585
Floor Area2,038 m²
Land Area1.3 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  11 Apr 2019
Map for 391 Kingsway Caringbah NSW 2229
Colliers International - North Sydney
Level 42, 100 Miller Street North Sydney NSW 2060

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