Newtown development site offering

Newtown development site offering
Staff reporterDecember 7, 2020

The redevelopment site located at 134 Lennox Street in the inner west Sydney suburb of Newtown has been listed for sale.

Victor Kelly of Kellys Property estimates expressions of interest to fetch beyond $3 million.

This marks the first time the extra large 505sq m block of land has been listed on the market.

Development opportunities are varied considering the space but Kellys Property expects buyer interest to come from property developers looking to construct boarding houses, student/affordable accommodation and recreation and community halls.

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