This article is from the Australian Property Journal archive
A RESIDENTIAL corner development site in south-west Sydney’s Liverpool has sold under the hammer for $1.515 million.
Zoned R4 High Density, the 533 sqm vacant block at 62 Copeland Street, on the corner of Moore Street, has a floor space ratio of 2:1 while the immediate area offers a height limit of 35 metres.
CBRE’s Alex Mirzaian, Ned Mannoun and Thomas Mosca marketed the property with potential for residential development options including residential flat building, boarding house and student accommodation.
David Scholes of Auctionworks auctioned the property, with the sale price reflecting a land rate of $2,842 per sqm.
Australian Property Journal