Block of Units for sale

4-6 Gibbs Street,

Miranda, NSW

3 1 1

Excellent Investment Opportunity for Future Redevelopment - R4 Site

Ideal long term investment or boutique development site

Block of seven strata townhouses to be sold in one line.

Current mix of 3 bedroom / 1.5 bathroom townhouses, all with off-street parking.

Short stroll to Westfield Miranda and all shopping amenities, including restaurants, cinemas and station

Future potential under Sutherland Shire LEP 2015 allows for R4 high density development
- 16m height (4-5 storey)
- Land size 1416sqm - 35/40m x 38m
- FSR 1.2:1
- Net floor area 1700sqm

Rental yield of $202,000-$218,000 Gross PA based on current rental appraisal

+ Excellent opportunity for immediate investment or future redevelopment (STCA)
+ Near level block with two street frontages, cul-de-sac, North/South aspect
+ Well maintained and managed complex
+ Short stroll to Miranda Westfield and Station
+ Cronulla Beaches 10 minute car or train ride away
+ Sydney airport and CBD a straight commute

For more information or to receive an Information Memorandum (IM), please email or contact:

Peter Green
Principal, Laing+Simmons Miranda
0401 145 477

Chadd Hancock
Sales Consultant, Laing+Simmons Projects (NSW)
0438 278 330
Last updated: 03:18PM on Aug 30th 2017
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Laing+Simmons Miranda

39 Kiora Road
Miranda NSW, 2228
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4-6 Gibbs Street