Projects news with Jason Salter | Strength in the market

June 29, 2020 |
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This week, we have plenty of news. We had 150 new and modified DA’s in New South Wales, and we have just listed 1 Stansell Street in Gladesville, a DA-approved site which is due to go to auction in July.

We’ve also had a boost in enquiries coming through about off-the-plan. For those of you interested in off-the-plan, we have some in Kogarah recently put on the market. Check out what’s available by clicking here.

If you would like to know more, stay up to date at lsre.com.au/projects or contact Jason Salter on 0418 846 637.

Transcript:

Hi, Jason Salter here from Laing+Simmons Projects, a place that you can find all manner of things real estate. Hit us up on the website: lsre.com.au/projects and you’ll find DA approved, raw infill developments, larger scale projects and off-the-plan sales. We have quite an inventory there.

This week, a couple of really interesting things. 150 new and modified DA’s, the 10-30 townhouse / apartments size, very well represented. Sydney basin and country about equal and especially the New England area.

We’ve got a fabulous operator in our Armidale office and we are going to market with some raw and some DA-approved opportunity up there, which will be very exciting.

Quite a few DA-approved sites for sale in the marketplace in the last week.

We’ve put a lapsed DA-approved site in Gladesville at 1 Stansell Street, which will be going to auction at the end of July. Have a look at our website: lsre.com.au/projects for information on that. It’s a B4 zoning, it is a wonderful opportunity for someone who wants a 20-24 apartment development. It’s ideal for that.

And last but not least, there is quite a bit of new off-plan inquiry, which has popped up because again, we were around 70% clearance rates on Saturday, so there is quite a bit of strength in the marketplace and when there’s strength in established home sales, there’s always off-the-plan to follow.

So with 150 new and modified DA’s and with new enquiry coming through for off-plan, again, we’re expecting that from within the market of Sydney and New South Wales and potentially other states of Australia there is a desire for people to re-look at off plan.

So have a look at our website, we’ve got a fabulous opportunity that we’ve just put to market in Kogarah. Again, it’ll be on our website.

That’s all for this week I hope you have a great week and I look forward to hearing from you soon. Bye for now.

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