CBRE and Savills are pleased to present Rowland House and Marlborough House, 4 Stuart Street, Drummoyne.
The subject site consists of two apartment blocks across one title which are well positioned to capitalise on the burgeoning Inner West property market. The property has DA Approval for 17 luxury apartments whilst the sites current improvements provide prospective buyers with further value-add potential through refurbishment and strata subdivision (STCA).
Rowland House and Marlborough House benefits from the following key attributes:
- Two existing apartment blocks
- A total of 22 x 1 bedroom units
- DA Approved for 17 luxury apartments with a combined NSA of 1,989sqm*
- Total land area: 1,775sqm*
- Significant refurbishment and strata subdivision potential
- Offered with vacant possession Ready for construction or refurbishment
- Bus and Ferry options with direct access to Sydney CBD
- Situated within close proximity to the future Bays Precinct and Sydney West Metro network
- Only 400m* from Drummoyne Town Centre
The property will be sold via an expressions of interest campaign closing on Wednesday, 11th March 2020 at 4.00pm.
*approximate