Ideal Residential or Flagship Boutique PBSA Development Site
As the exclusive selling agents Colliers International is pleased to offer for sale 229 Anzac Pde, Kensington which represents is one of the most ideally located boutique development opportunities in the UNSW precinct, being directly adjacent to the UNSW Global building and directly opposite the main UNSW Campus.
The property forms part of the Kensington to Kingsford (K2K) Planning Proposal area. The Department of Planning, Industry and Environment (DPIE) recently announced the inclusion of the K2K Planning Proposal into Tranche Four – Fast Track Assessments with the DPIE indicating that the Planning Proposal will be determined by 14th August 2020.
When complete the development controls will provide additional Height and FSR for the site and with flexible controls that permit multiple uses including Residential, Co living and Purpose-Built Student Housing.
The recent completion of the light rail that includes the UNSW Anzac Parade Light Rail Station situated approximately 200 metres from the site, has provided a catalysis to continued gentrification of the already vibrant Kensington to provide one of Sydney's most desirable residential and student housing locations.
The site benefits from the following key characteristic’s:
• Zoning – B2 Local Centre.
• Proposed Height Limit – 31m
• Proposed FSR – 4:1
• Site Area – 506sqm*
• 6 existing strata title units
• Located Opposite UNSW
• Dual Street Frontage
• 200m to the UNSW light Rail Station
229 Anzac Parade, Kensington is being sold via International Expressions of Interest, closing Wednesday, 2nd September at 4pm (AEST)