Residential

WAVERLEY, Birrell Street 163

163 Birrell Street Waverley, NSW Australia 2024
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2001
Building Area

Property Description

Appointed as Exclusive Agents, JLL is pleased to offer a truly unique opportunity to the market.


This rare offering presents a premium quality seniors living development opportunity in a tightly held and highly desirable Eastern Suburbs location. The site benefits from a favourable DA Approval to construct 55 Independent Living Units and the reinstatement of the Waverley Bowling Club.


The property is offered for sale by Expressions of Interest closing Thursday, 5th November, 2020.

Investment Highlights

Expansive view corridors and close proximity to the iconic Bondi Beach.

Fully approved Seniors Living Scheme including 55 units and the reinstatement of the Waverley Bowling Club.

Carefully designed scheme with 1 x 6 storey, 1 x 4 storey, and 2 x 3 storey seniors living buildings.

Opportunity to provide a highly desirable end product to an undersupplied location with 4 x 1 bedroom,

42 x 2 bedroom, and 9 x 3 bedroom luxury apartments with 72 residential car parks.

Included in the development is the reinstatement of the Waverley Bowling Club as well as a range of high quality amenities including a fitness centre and library/theatre.

Exceptionally rare 10,646sq.m site with frontage to Birrell Street, Henrietta Street and Langlee Avenue.

Close proximity to a range of appealing lifestyle and retail amenities including Bondi Beach (1.8km) and Tamarama Beach (950m), Westfield Bondi Junction (1.1km), Centennial Parklands (3.6km) and the Sydney CBD (7.1km).

Prime location in Sydney’s Eastern Suburbs, one of Australia’s most affluent areas.

Last Updated Date: 02 Nov 2020
Ben Hunter
Ben Hunter
Head of Metropolitan Sales & Investments - NSW
Simon Quinn
Director, Alternative Investments

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Last Updated Date: 02 Nov 2020

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