7-17 Segers Avenue Padstow
The six plots of land in Padstow provide a combined 4,367sqm and 85m of street frontage.
A strategically located development opportunity in the Padstow Village precinct has come to market, providing a unique chance to acquire up to six residential land parcels either individually, in groups or in-one-line.
Seamlessly bordering Padstow’s residential area, the opportunity at 7-17 Segers Avenue allows for a range of flexible development outcomes to capitalise on the area’s growth and demand.
The 4,367sqm landholding comes with 85 metres combined street frontage, with a concept scheme prepared for a 203-room co-living development.
Colliers National Director Trent Gallagher has the listing, in conjunction with Adam Bodon, Managing Director of Adam Charles, with price expectations of $19 million+.
“With its prime position and tremendous upside, this is an opportunity not to be missed and we expect strong interest as developers look to take advantage of the building height limit of 20 metres and immediate access to local amenities,” Mr Gallagher said.
“As a result of the consolidated Canterbury-Bankstown LEP release, 7-17 Segers Avenue, Padstow will provide favourable planning controls to support a high-quality medium rise co-living development.”
“The site offers a truly unique opportunity to create a statement development for the region. It is the one of the largest single ownership land holdings in the south West capable of hosting a generational mixed use development,” commented Mr Bodon.
The sites present significant development upside with a potential GFA of 10,918sqm and a building height of 20 metres (STCA). On top of this, it benefits from flexible B2 Local Centre zoning, permitting a range of retail, business, entertainment and residential uses
Padstow is well appointed with ample retail, transport and recreational amenity, including Padstow Park Public School, Padstow train station and the Padstow shopping precinct.
The suburb is ideally located 26.7 kilometres southwest of the Sydney CBD, well connected via rail and arterial roads, including the M5 and M8 Motorways.
7-17 Segers Avenue, Padstow will be sold via an Expressions of Interest (EOI) campaign closing on 18th March 2025.
Please reach out to Adam Bodon for more information.