Victorian terrace opposite new waterloo underground train station 128 Botany Rd Alexandria NSW 2015
$3,900,000.00

DESCRIPTION

Phone enquiries - please quote property ID 31861.

Waterloo station is now in operation
Immense development potential
Waterloo station opens soon. This would make an amazing boarding house, with the potential to build 8 floors.
Inspection by appointment

Welcome to 128 Botany Rd Alexandria NSW 2015
DP 1/ 537045

In 2023 the floor space ratio is now 4 to 1 for commercial and employment zones
and 3.5 to 1 for affordable housing.

This freestanding double brick Victorian terrace has 5 bedrooms and 4 bathrooms and sits diagonally opposite the new Waterloo underground Sydney metro city rail network.

The restored house has maintained its ambience and charm.

128 has parking adjacent to the house at the front and a very generous backyard with multiple parking spaces.

128 has side access and generous rear lane access via Wyndham Lane which backs onto the expansive Alexandria oval.

128 Botany Rd is within walking distance of Technology Park Sydney University Redfern Station and Green Square Station.

The building is zoned mix uses.

In 2015 when the floor space ratio was 1.5 to 1 the following plans to build an adjoining 4-story house/apartment were approved by the city of Sydney council

To conduct your due diligence please refer to the following websites
You can find information regarding planning controls (zoning etc.) at a site here:
https://www.planningportal.nsw.gov.au/spatialviewer/#/find-a-property/address
and here:-
https://geomap.cityofsydney.nsw.gov.au/gxe/?viewer=Planning
The Sydney LEP 2012 can be found here:
https://legislation.nsw.gov.au/view/html/inforce/current/epi-2012-0628
The EP&A Act which defines affordable housing can be found here:
https://legislation.nsw.gov.au/view/html/inforce/current/act-1979-203#sec.1.4
a state of the art research hospital is being built 1 door up from the house
Should you wish to speak to the owner and inspect then hit the contact button I look forward to greeting you and showing you this property..

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