Happy Holidays from APMN! Please note that we will pause at the end of business on Friday due to the holiday period. Regular publishing will resume on 12 January.

Top price for Burwood Apartment Site

12 March 2020

A DA approved apartment site in Burwood, NSW has sold for $23m.

 

The project which was approved in 2018 comprises 58 Units over 16 levels, plus 1,600sqm of commercial space and the adaptive re-use of 2 heritage Victorian Terraces.

 

The purchaser is BuiltCom Projects who are well known across the inner west of Sydney.

 

The purchase price represents $396,550 per approval apartment or $18,470/sqm of site area.