Close to 500sqm, this superbly positioned development site on Military Road has proposed plans to create a building with 28 high quality studios. This property is ideal for developers to deliver a product aimed at the demand of international student's/travellers and short stay renters that require affordable accommodation in and around the CBD. Positioned close to some of Sydney's main attractions like Taronga Zoo, Balmoral and Northern Beaches, Spit Marina and quick trip on a bus to the city. Within walking distance to both Mosman and Cremorne villages, 381 Military Rd is an outstanding development opportunity with varied possibilities.
R3 Medium Density zoning allows for development (STCA)
Excellent exposure to passing traffic
Reliable public transport at door
Potential to create an income producing property with massive returns
Close to 500sqm, this superbly positioned development site on Military Road has proposed plans to create a building with 28 high quality studios. This property is ideal for developers to deliver a product aimed at the demand of international student's/travellers and short stay renters that require affordable accommodation in and around the CBD. Positioned close to some of Sydney's main attractions like Taronga Zoo, Balmoral and Northern Beaches, Spit Marina and quick trip on a bus to the city. Within walking distance to both Mosman and Cremorne villages, 381 Military Rd is an outstanding development opportunity with varied possibilities.
R3 Medium Density zoning allows for development (STCA)
Excellent exposure to passing traffic
Reliable public transport at door
Potential to create an income producing property with massive returns