Property Details: • Type: Block of Units
• Bedrooms: 11 • Bathrooms: 9
Description: The Phone Code for this property is: 60260. Please quote this number when phoning or texting. A DIAMOND MINE DEVELOPMENT SITE for LAND-BANKERS. An OASIS at the EDGE of the SYDNEY CBD. MINUTES to EVERYWHERE ! Two Titles to be SOLD in one - line. Feel free to EMAIL the Owner to discover the Price Guide. From 2022, this area of WATERLOO SOUTH ESTATE, is now under the Authority & Development Approval System of the NSW State Government and not the Local Government, which is a very favourable new change for anyone who wishes to develop this New Global City Gateway Zone of Waterloo South. The REZONING of this property is to be FURTHER UP - GRADED, in the very near future to allow with consent, for an even greater possible variety of both Professional - Commercial and/or Residential Developments, along with residential dwellings, at "UNPRECEDENTED HIGH DENSITY levels, regarding multi - storey structures, as well as Cafes, Restaurants, Retail Shops and a great variety of Community Facilities. Professional Valuers, Experienced Town Planners, Developers and Agents all agree that, with the fast approaching "UNPRECEDENTED" HIGH DENSITY RE-ZONING of the "WATERLOO SOUTH" ESTATE PRECINCT in COPE STREET and the NSW State Government foresight and support of the need for High Density SUPER - BLOCK structures near to the new WATERLOO RAPID - RAIL SYDNEY - METRO STATION, in this fast - population - growing Global City, 225 - 227 Cope Street, is now far more valuable to a developer - land banker - entrepreneur, than ever before in the property's history. An astute investor would be very wise to take advantage of this phenomenal opportunity, as soon as possible. An astute investor - developer can firstly purchase this property at 225 - 227 COPE STREET, WATERLOO, SYDNEY, which is ready to be sold now and then buy the private properties directly adjacent to this one, which will be ready for sale in the near future, once a buyer becomes the new owner of 225 - 227 Cope Street. As normally occurs, once this private property is purchased, the new owner will be the most eligible buyer to also purchase the adjacent government lots in order to create at the very least, a large enough site of 4000 - 5000 or MANY MORE square metres: to build an EXTREMELY HIGH SUPER - BLOCK VERY CLOSE TO THE SYDNEY CITY CBD. Developers, Joint Venture Entrepreneurs, Land - Bankers & Real Estate and Buyer's Agents: WELCOME ! The State Government has recently spent Billions of Dollars on INFRASTRUCTURE in WATERLOO - REDFERN & GREEN SQUARE, including a New City CIVIC CENTRE, OLYMPIC POOL, LIBRARY, LIGHT RAIL SYSTEMS and SYDNEY - METRO - RAPID RAIL UNDERGROUND RAILWAY, having been being built on the doorstep of 225 - 227 Cope Street, Waterloo. The NEW FAST RAIL WATERLOO STATION was finally completed and opened in 2024, with the entrance diagonally across the road from this property. As Town Planners predicted, the NSW State Government also announced that this exact area will be re - zoned to "UNPRECEDENTED HIGH DENSITY", due to the extremely close proximity to the new Waterloo Fast Rail Station, allowing multi-storey developments of much higher levels than the present local structures have ever been. In fact, according to recent media releases, revealing statements made by government officers, they are set to become the highest buildings ever permitted in Sydney or Australia. They are said to rival Dubai, Hong Kong, New York, Shanghai and other Global Cities. Just like the, currently under construction, METRO QUARTER across the road, 225 - 227 Cope Street, Waterloo is also very likely to also be REZONED to UNPRECEDENTED HIGH DENSITY, allowing between at least 21- 42 or more storeys of structure to be built. This SUPER - BLOCK phenomenon has recently been named "The Railway Effect." This property is therefore IDEAL for LAND - BANKING or for an INVESTOR - ENTREPRENEUR to re-develop into a specialised usage. (See possibilities below that the zoning allows.) Having 2 SEPARATE TITLES allowing for a variety of HOUSING TYPES & DENSITY POSSIBILITIES with the FLEXIBLE ZONING of RESIDENTIAL &/or PROFESSIONAL - COMMERCIAL - RETAIL USAGE, this beautiful, fabulously located, inner - city property, offers a very large variety of possibilities: - 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 a large number of Students and/or Air Bed & Breakfast Holiday or Business Stays &/or a Boutique Hotel - Serviced Apartments - Hostel Accommodation, with the added possible benefit of Cafes, Restaurants, Medical, Dental & Health Centres, as well as Retail Shops. In the past, even just half of this property has earned exceptional rent per year with an Accommodation Business for University Students and Young Adults on International Work Visas. Today, with the new zoning, a much higher income would be much more likely. Otherwise, it could possibly be: - Re-developed & Stratified into a Multi - Dwelling Complex for a combination of Residential, Professional - Commercial - Retail Usages between 21 to 42 or more storeys high. - 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. - Art Galleries with 6 or more adjoining Offices and/or specific Living
