Adam Charles is pleased to offer a premium DA-approved residential development site with alternative townhouse potential in the heart of Summer Hill, set on a 635sqm* landholding at 33 Gower Street, Summer Hill.
Moments from Summer Hill Station (350m), Summer Hill village, the Inner West Light Rail and the Sydney CBD (8km), the site enjoys strong demand with excellent connectivity to Liverpool Road, Parramatta Road and major transport links.
Key Highlights:
• 635sqm* landholding in one of the Inner West's most tightly held suburbs
• Approved unit mix of 1 x studio, 4 x 1 bed units (including 2 affordable) and 3 x 2 bed units spanning across 4 levels
• Approved 0.85:1 FSR and 557sqm* GFA
• R3 Medium Density Residential zoning with uplifted 0.85:1 FSR and 14.135m height limit under the affordable housing incentive
• Projected gross realisation of $7.9M - $8.3M upon completion
• Alternative scheme for three premium townhouses, subject to council approval
• Walking distance (350m) to Summer Hill Station
33 Gower Street, Summer Hill is offered for sale via Private Treaty.
For further information and the due diligence package, contact the exclusive agent at Adam Charles.