23 Shortland Street, Telopea NSW 2117
$2,300,000
Presenting immense future potential to redevelop, this traditional deceased estate presents a rare and exciting opportunity for an investor/developer. Situated in a highly sought-after address, it enjoys a conveniently located position just a stroll from Telopea’s local amenities.
- – Under the instructions from NSW Trustee and Guardian
- – The property is placed across a generously scaled 722sqm (approx) parcel, 24. 7 metre wide frontage
- – Floor space ratio of 2. 4, height limit of 28 metres, placed on the high side of the street
- – Ideal purchase for a developer or investor offering potential for R4 apartment development
- – Enviably set within a central area of Telopea with the whole area rezoned in December 2018
- – Surrounded by local cafes, shops and parklands, with Telopea train station metres away
- – Desirably close to the upcoming light rail plus Ryde, Parramatta, Carlingford and Eastwood
- – The home’s floorplan consists of three bedrooms, one bathroom and one car space
