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4-6 Gibbs Street Miranda

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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

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

CONTACT AGENT

Development
9
Parking

Office & Agent

Laing+Simmons Miranda
02 9524 8477
Peter Green
02 9524 8477
0401 145 477
Chadd Hancock
02 9524 8477
0438 278 330
Property ID
0000337469
Land Area (approx)
1416 sqm
Building Size (approx)
1700 sqm

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