Developer buys row of Wollstonecraft homes
Traders in Purple has picked up another Wollstonecraft site – this one, a row of low rise homes and duplexes.
The 4455 square metre amalgamation, 51-77 Sinclair Street and 2 Bruce, is speculated to be costing the local builder just over $70 million from individual owners.
A luxury residential project with 75 dwellings is planned.
The land was recently rezoned R4 – High Residential, falling within the Crows Nest Transport Oriented Development.
The 14 dwellings – mostly standalone homes but some duplexes – were marketed as the Sinclair Street Collective.
JLL’s Dylan McEvoy and Gordon Mcfadyen were the agents.
Apartments planned
The Wollstonecraft amalgamation was marketed for its potential to yield a c11,112 sqm building; the preferred height limit is 33 metres, or between c9-11 levels (continues below).
Upper floors would have postcard views to the city and Sydney Harbour Bridge.
The recently completed Crows Nest Metro station is about 450 metres away.
Any deal would come a month since Traders in Purple exhibited a 12 storey residential building, with 78 units, on a 3012 sqm Nicholson St, Wollstonecraft, site, bought last year.
Aimed for luxury buyers, it is anticipated to rise 47.5m.
In 2024, the builder acquired a 1.25 hectare block, in Brisbane’s West End, with plans for c470 dwellings in two towers.
That outlay was $63.5m.
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