Grand mix of eight, three storey terraces operating as boarding houses located opposite Victoria Park and 300 metres from Broadway Shopping Centre.
Chippendale has been heralded the latest hotspot for residential living with 70-84 City Road situated in the heart of this bustling cosmopolitan suburb. It offers exceptional upside both in location and development potential.
• Huge opportunity to invest, occupy, value-add or develop (STCA)
• 5 x 5 self-contained flats each incorporating one bedroom with en-suite and living/kitchen (70-78 Boarding House)
• 1 x 6 bed with open plan living (80 Private house)
• 2 x 8 bed with shared facilities (82-84 Boarding House)
• 99% consistent occupancy levels
• Mix of self-contained flats and shared facilities
• Use: 70-78 as boarding house, 80 private residence & 82-84 as boarding house
• Zoning; R1 Residential, FSR for 70-80 is 1.5:1 & 82-84 is 1.25:1
• Total land area is approximately 1,703m²
• Heralded the latest hot spot for residential living
Auction details:
Date: 2 April 2014
Time: 10.30am
Place: Colliers International, Level 12, 225 George Street, Sydney NSW