A choice of four or five separate residential blocks are on offer to amalgamate a boutique corner residential development site in Gordon for sale by Colliers agents Guillame Volz, Daniel McMahon, Michael Crombie and Trent Gallagher.
A rare and exciting opportunity has arisen for investors to engage the affluent and highly under supplied residential market of Gordon.
The 4,852.8sqm combined site area at 1, 3 & 5 Nelson St and 7 & 9 Rosedale Road offers a total of 10,046sqm in total GFA, alongside pristine views overlooking the Gordon Recreation Grounds and incredibly picturesque North Shore suburbs of Gordon, Killara, Lindfield and Roseville.
Exclusively appointed for this listing are the Colliers team of Guillame Volz, Daniel McMahon, Michael Crombie and Trent Gallagher, with price expectations north of $50 million.
“The site offers terrific intrinsic features with a prominent north facing street exposure and regular shape to maximise development efficiency,” Mr Volz said.
“With historic development in Gordon limited to the Highway fronting and western side of Gordon, the TOD now opens the East Gordon location that will provide superior revenue profiles and never before offered development opportunities,” Mr McMahon noted.
“Premium views to the Gordon Recreation Ground and surrounding Greenery will deliver an ideal development for owner occupiers and downsizers looking for that leafy and convenient Upper North Shore lifestyle,” Mr Crombie said.
The prized site area comes with a proposed FSR of 2.5:1 and 22m height limit, benefitting from the Transport Oriented Development planning controls. It is conveniently located at only 300m walking distance from Gordon train station.
“The opening of the East Side of Gordon is a tremendous opportunity for developers to target a premium location, situated only moments to the Upper North Shore best town centre and with exceptional amenity and transport links,” Mr Gallagher added.
1 Nelson Street is also a particular point of interest due to its aesthetic and scientific significance, constituting a rare and fine example of the Inter-War Mediterranean style in Gordon as well as the North Shore.
Sydney’s population is projected to grow by 909,104 people (or 14.29%) between 2023 – 2033.
Gordon offers a prime location for residential development due to its abundance of surrounding retail amenity, including the Gordon Centre and Chatswood Chase, and wealth of prestigious private and public schools.
1, 3 & 5 Nelson St and 7 & 9 Rosedale Road, Gordon are for sale via an Expressions of Interest campaign closing Thursday, 22nd August 2024 at 3pm.