Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 1990
Land Area ()

Property description

JLL and Knight Frank are exclusively appointed to offer 87-91 Middle Street, Kingsford for sale by expressions of interest.


This rare, DA approved, 1,398sqm site presents a remarkable development opportunity in Sydney’s Eastern Suburbs which is perfectly positioned next to Major Health, Education, Transport infrastructure and retail amenity.

Investment highlights

  • Large Scale New Generation Boarding House Development Site - 68 rooms, 2 common rooms, ample parking and amenity for tenants.  
  • Strong & Diversified Cashflow Asset - Project gross income of $1,890,300 on completion
  • A Rare DA Approval - A favourable parking ratio outcome never to be replicated. Planning control changes hinder any further supply of boarding houses in the future 
  • Major Tenant Demand From The Surrounding Health & Education Precinct - 450m from Randwick Hospital Campus and 450m of UNSW Campus
  • Supported by Extensive Transport Infrastructure - The property is located 750m from the Light Rail providing direct access to the CBD and other major rail links
  • Sydney’s Eastern Suburbs has some of Australia’s highest rents and housing prices
Last Updated Date: 07 Jun 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

JLL, together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 07 Jun 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.