5 Preston Avenue Engadine NSW 2233

Ray White Commercial - Metropolitan Sydney is pleased to present 5 Preston Avenue, Engadine for sale via Expressions of Interest.

This boutique development represents a remarkable opportunity to acquire a bespoke DA approved site for 64 units in the heart of the Engadine town centre.

Surrounded by an array of major supermarkets and only a short walk to Engadine train station, an incoming builder/developer can also capitalise on the minimal levels of competing stock.

Additional highlights of the property are outlined below:

- DA approved for 64 units
- Site area - 2,666 sqm*
- Unit mix: 1 x Studio, 18 x one bedroom, 38 x two bedroom & 7 x three bedroom
- Located in the heart of Engadine town centre
- 250m* to Engadine train station
- Capitalise on a market with minimal competing stock
- Elevated site with a north-east aspect and panoramic views (on completion)
- Large adjoining recreational park
- To be sold as a going concern

Property video: https://www.youtube.com/watch?v=sRiRl72zJWA

This development opportunity is offered for sale via Expressions of Interest closing on Thursday, 24 September 2020 at 3pm (AEST)

For more information, please contact the below selling agents

*Approximately