Development For Sale Sydney Cbd Ad:816537

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AUD$ 15,088,000

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Development
For Sale
Alexandria
Australia

BOUTIQUE DEVELOPMENT SITE for 225 - 227 Cope Street, Waterloo: Commercial+Residential+Retail+Cafes

2 Titles FOR SALE in One � Line for: BEST OFFER ABOVE $15,088,000
Make your offer before 15th November 2015 or earlier.

For more information or to arrange a VIEWING: Contact the Owner directly via her own email
at:

A FEASIBILITY ANALYSIS of this 2 � TITLED PROPERTY:
Being minutes from Sydney`s CBD, Sydney Airport & several internationally respected
Universities, along with a Floor Space Ratio of 1:2.25 when developed as a University Student
Accommodation, a Boarding House, or an Air B & B, a low cost redevelopment on a section of
this property, could feasibly bring in a rental income of up to $3,395,000 or more, per year.

Town Planning Experts say that currently proposed NSW State Government Infrastructure,
including a new City Civic Centre & a Rapid Rail Underground Station very close to this
address, means that this beautiful Two � Titled property could bring a further up-graded High
Density allowance for development in the near future, making this site a `GOLD MINE` for
whomever becomes the privileged new owner.

In 2012, the zoning of this property was upgraded to allow with consent, a great variety of new
developments:
Attached dwellings; Bed and Breakfast Accommodation; Boarding Houses & University Student
Accommodation; Child Care Centres; Community Facilities; Dwelling Houses; Food and Drink
Premises; Group Homes; Home Industries; Horticulture; Hostels; Multi - Dwelling Housing;
Neighbourhood Shops; Places of Public Worship; Residential Flat Buildings; Respite Day - Care
Centres; Roads; Roadside Stalls; Semi-detached Dwellings; Seniors Housing; Sewage
Reticulation Systems; Shop - Top Housing; Shops; and other possibilities.
As well as:
Multi � Storey Buildings with a 15 metre height allowance.

This property is ideal for LAND - BANKING or for an INVESTOR - ENTREPRENEUR to re-
develop into a specialised usage. (See extra possibilities below.)
- As a highly lucrative business site, receiving an exceptionally generous income per year, this
entire property could be refurbished or redeveloped to offer University Accommodation for up
to 90 Residents, and/or Air Bed & Breakfast Holiday or Business Stays &/or a Boutique Hotel �
Serviced Apartments - Hostels, with the added possible benefit of Cafes, Restaurants, Medical,
Dental & Health Centres, as well as Retail Shops.

- Re-developed & Stratified into a Multi - Dwelling Complex for a combination of Residential,
Professional � Commercial - Retail Usages. There is already an existing precedent for this type
development very nearby, within the same type of zoning.

- Redeveloped to provide a variety of complexes as Housing for Seniors or the Disabled.

- A series of Medical & Polyclinic Centres for a variety of Medical and Holistic Therapies;

- A Cosmetic - Surgery Day Hospital, also offering Convalescent Private Accommodation;

- A Chinese - Medicine College and Treatment Centre with Accommodation for Staff and
Patients;

- A Dental Hospital Complex with a variety of Cosmetic, Ortho-Dental and other services;

- Redeveloped to provide a variety of Child � Care Facilities;

- An Educational College Venue with Multiple Classrooms and Accommodation.

- A Business Seminar & Event Centre with Accommodation for Presenters or Guests.

- A set of 5 Art Galleries with 6 or more adjoining Offices and/or specific Living Spaces;

- A set of 5 Separate Music Halls plus Accommodation for Performers or visiting Teachers;

- A Fashion - Event Centre with specially designed indoor and outdoor Catwalks and Audience
Areas;

- A Church or Temple - Complex, with the added benefit of several Education Venues, plus
Accommodation;

- And, with its seven and a half metre high ceilings in two of the current Chapels; and six and a
half metre high ceilings in the two extra Chapels, it could easily be utilised as a Multi-faceted
Theatre & Film - Production Centre, with plenty of room for Stages, Evaluation Audiences and
Accommodation.

To receive more PHOTOS, a VIRTUAL TOUR, FLOOR PLAN, SAMPLE EXTENSION DRAWINGS
and EXTRA INFORMATION and/or to arrange a VIEWING, please CONTACT the OWNER
directly via the EMAIL:

The great many possibilities continue ��..

Having Medium+ Density and Residential & Professional - Commercial � Retail allowances and
being on the edge of the City of Sydney CBD and the New Green Square City Centre and only
minutes to each; as well as only 10 minutes or so to Sydney Airport, Sydney University, the
University of Technology Sydney, numerous Language Colleges, University Preparation
Institutes, Excellent Primary and Secondary Schools; and 5 minutes stroll to two Railway
Stations and numerous shopping centres; and about 15 minutes or so to Bondi Beach and the
University of New South Wales, with their bus stops very close by: This flexibly � zoned
property also now has huge potential to possibly be re-developed as a multi-dwelling
Residential Facility, with the added bonus of having Professional and Commercial enterprises,
as well as Retail Shops, Cafes and Restaurants on the ground floor or elsewhere on the
property.

There are currently a few spacious courtyards into which a swimming pool could be built, or
instead, a large pool could be installed on the roof - top of a new multi-storey apartment
building.

CURRENT LAYOUT:
At present, the building structures have within them a total of 7 fully self � contained garden
villas with a total of 11 bedrooms, 8 kitchen � kitchenettes, 8 full bathrooms, and 9 toilets and
all dwellings are set amongst quiet, leafy, garden courtyards, surrounded by magnificent trees.
Without any further development, this property is ready for a great variety of Professional,
Commercial, Creative and/or Residential Uses.

The reality is that: Having 7 GARDEN - VILLA RESIDENCES or EVENT HALLS / ART GALLERIES
set amongst 5 leafy French � Style COURTYARDS and a GREAT VARIETY OF USES: An 1870s
CHURCH with extra CHAPELS, currently divided into 5 fully self-contained Garden �Villas; plus
a 2 STORY BRICK HOME with extra MEZZANINE LEVEL, currently divided into 2 fully self-
contained RESIDENCES, and/or 3 � 6 Light � Filled OFFICES/BEDROOMS, over 2 LOTS of
LAND, on the edge the City of Sydney, might come up for SALE only once in 100 years or more.
This Rare, Unique and truly Beautiful Boutique Property is being sold in one � line.

OTHER FEATURES:
INNER - CITY AREA: Very close to where Green Square Civic Centre � Waterloo � Surry Hills -
Alexandria and the Sydney CBD meet.
Convenient Trains and Buses.
Free street parking.
Glorious parks nearby.
Minutes from Australia Technology Park, Dank Street Delights and Sophisticated Cafes and
Businesses multiplying in the area.
2 minutes drive to the SYDNEY CBD; 10 minutes walk to UNIVERSITY of SYDNEY and
UNIVERSITY of TECHNOLOGY; short bus trip or bicycle ride to UNIVERSITY of NSW; walking
distance from numerous schools and TERTIARY EDUCATION COLLEGES. 15 minutes to
BONDI BEACH.

Government & Private Investors are currently pouring billions into developments and new
infrastructure in this area. GREEN SQUARE is currently being built as our NEW CITY CIVIC
CENTRE and it has been reported that this region is one of the fastest growing areas in the
Southern Hemisphere, with an unprecedented growth of both population and jobs.

Thank you for your interest.

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