CBRE as the exclusive selling agents, is pleased to present ‘The Daphne’, 25-29 Daphne Street, Botany.
The site is DA Approved for 66 self-contained short-term accommodation rooms and is positioned moments from Sydney Kingsford Smith Airport. The DA Approval is an opportunity to capitalise on well-placed self-contained short-term accommodation site. The site is ideally positioned to receive airport layover business through the property's proximity of the site to Sydney’s international airport and capitalise on business from workers from the new Botany Quarter and Ports of Botany.
The Daphne benefits from the following key highlights:
- DA Approval for 66 self-contained short term accommodation rooms which include bathrooms and kitchenettes - 21 secure basement car spaces - Large 1,506sqm* site area - Benefits from previous legislation regarding lower car parking ratios - Approved GFA 2,032.8sqm* plus ground floor parking - Close proximity to Sydney Kingsford Smith Airport and frequent bus services along Botany Road - Ideal housing for the areas thriving short term accommodation of international travellers and layover accommodation - R3 – Medium Density Residential zoning - Approval for additional FSR allowances from 0.85 : 1 to 1.35: 1 - To be sold vacant possession
The property will be offered for sale via Expression of Interest closing Wednesday, 12 September 2018 at 4:00pm.
No open times scheduled. Contact Agent to arrange a viewing.