One of the most highly sought after DA-Approved healthcare development sites of the year is set to hit the Sydney market. 143 Stones Creek Road for sale by exclusive agents Nick Lower Ollie Ridley and Selin Ince Savills Australia. 

The site is positioned in one of southern Sydney’s most exciting medical growth corridors, Beverly Hills, and is in close proximity to Waratah and Hurstville Private Hospitals.

143 Stoney Creek Road, formerly owned by NSW State Government, will provide a modern medical facility on a 2,454m2 parcel of land. The proposed scheme is approved for 3 levels of medical accommodation and 3 levels of basement parking.

The site is positioned in a strategic location being just 14km* south west of Sydney CBD and only 8km away from Sydney Airport. 143 Stoney Creek Road benefits from strong levels of passing vehicular traffic with an average daily count of 34,413. The high exposure of the site coupled with a growing local population has increased the demand for medical centres and healthcare facilities in this pocket of Beverly Hills.  

The property is to be offered for sale via an Expressions of Interest Campaign closing Wednesday 31st March at 2pm. The site is to be sold by exclusive agents Nick Lower, Ollie Ridley and Selin Ince of Savills Australia who said with interest rates at record lows and healthcare assets in high demand, this site will be hotly contested.

Mr Lower said “In the current supply-stricken market this site presents one of the few opportunities that operators have where they can develop their own facility.”

Mr Ridley said “the healthcare property sector has quickly become one of the most sought after asset classes in Australia, with the sector seeing strong yield compression over the last 12-24 months”.

To request a copy of the Information Memorandum please email either of the marketing agents Nick Lower Ollie Ridley and Selin Ince Savills Australia via the contact form below.