Colliers is excited to announce the listing of a prime development site at 146 Terminus Street, in the heart of Liverpool’s CBD. This investment opportunity has already been approved for the development of a 52-room, new generation boarding house, complete with a commercial suite and café.
Thomas Mosca, one of the Colliers agents handling the sale, expressed his enthusiasm for the project: “This is a fantastic opportunity for developers to capitalise on the increasing demand for quality, affordable accommodation in Liverpool, one of Sydney’s fastest-growing and most vibrant areas.”
The approximately 640sqm site offers numerous benefits to potential investors, including its strategic location within walking distance to Liverpool Station, Westfield Liverpool, and Liverpool Hospital. This ensures easy access to public transport, shopping, dining, and healthcare services for future tenants.
Nick Estephen, another exclusive Colliers agent, highlighted the unique aspects of the development: “The approved plan for this boarding house includes access to an e-bike for each room and four car share spaces in the basement, catering to modern, eco-conscious tenants and promoting a sustainable lifestyle.”
Strong potential rental returns and capital growth prospects make this development a promising investment. The rapidly growing area has seen a surge in demand for quality, affordable accommodation, positioning the boarding house as a valuable addition to the Liverpool CBD landscape.
The property is being offered for sale via Expression of Interest on 27th April 2023 at 2:00pm. To discuss this opportunity in further detail or to request access to the full data room, please contact Thomas Mosca, Nick Estephen, or Frank Oliveri at Colliers.