Older Style Building with Development Potential | Prime Inner West Location
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2 McGill Street, Lewisham NSW 2049

Auction 23/04/24

Commercial LandSize: n/a
Block size: 378 m² approx.
> 378m2 site area (subject to survey) with frontage to McGill Street and Hudson Street
> Revolutionised location surrounded by quality developments and directly opposite Summer Hill Flour Mill
> DA approved for the construction of 20 residential units and 2 shops over 5 levels plus large communal rooftop terrace
> Alternative Development options available by submitting a new application
> Possible Retail/hospitality opportunities, New Age Boarding House / Student Accommodation Subject to Council Approval
> Construction Certificate 80% complete
> Fantastic Exposure to the Inner West Light rail with the Lewisham West station at the property's doorstep
> Existing freestanding building with roller shutter access via Hudson Street
> Unbeatable position and flexible zoning with multitude of options
> Strong anticipated resales or rental yields in this popular high demand location
> Close to a range of popular amenities such as educational establishments, hospitals, shops, transport options, arterial roadways, café, restaurants, and bars

AUCTION DATE & TIME: Tuesday, 23rd April 2024 at 10:30am
AUCTION VENUE: Mezzanine Level, 50 Margaret Street, Sydney & Online

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Key details

Property type:
Commercial Land
Block Size:
378 *

Other Details

Lot:
1
Plan Type:
DP
Plan:
533963
Legal description:
1/533963
Raine & Horne Commercial Inner West/South Sydney

Maps and area information

Block information
Block size: 378 (approx)
Legal description: 1/533963
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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Lewisham suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
4,060
Listing ID: 182380319. This listing has been viewed 3 times. It was first displayed on 18/03/2024 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.