Property consultancy Savills Australia & New Zealand and GJS Property have been exclusively appointed to offer for sale 396 Lane Cove Road in Macquarie Park.
The approximately 11,840 sqm freehold site already has existing approval for an approximately 63,042 sqm of residual Gross Floor Area (GFA), alongside BatesSmart feasibility for around 59,578 sqm of Build to Rent-led GFA, according to Savills.
The site boasts over $13m GST of completed infrastructure and enabling works and existing holding income with a defined pathway to vacant possession. Developers can stage development delivery across multiple buildings.
“A rare opportunity to create a major Living-led precinct with the Metro literally beneath it.”
Emily Gold, Capital Markets – Living, Savills Australia & New Zealand
