246 & 248 Wardell Road, Marrickville, NSW 2204

Here is an exceptional opportunity to purchase one of the best-located sites within the Inner West, sitting on the cusp of the Marrickville and Dulwich Hill border this location has a strong appeal to both owner-occupiers and tenants alike making this site the perfect choice for builders and developers looking for strong returns either on their sales rates or are considering a high-yielding build-to-rent strategy. A lot of the hard work has been completed with a D.A. approval and C.C. finalized for 38 apartments and 2 commercial shops. > Easy construction with a 2-level basement complimented with rear lane access from Murray Lane > Currently occupying the site are 2 homes and 2 shopfronts with short-term holding income > Large land holding of 1264m2. > Strong future development pre-sales underpinned by a chronic undersupply of quality apartments > Potential planning upside from the TOD accelerated precincts strategy announced by the state government > Located only 7kms from Sydney CBD with immediate access via numerous transport options, with Dulwich Hill Train Station only 50m away > Close to a range of popular amenities such as Cooks River Parklands, arterial roadways, cafés, restaurants and bars *All amounts, areas and distances are approximate Auction Details: For Sale by Auction on Tuesday, 6th August 2024 In Rooms & Online, 50 Margaret Street, Sydney NSW 2000