Residential Development Site Sells For $5.57 Million, Dundas Valley, Sydney

AN UNDISCLOSED developer has paid $5.57 million for a 13,023 square metre development site on the northern side of Kissing Point Road and Stewart Street in Dundas Valley, Sydney.

Part of the property was sold with a permit for a 40-unit townhouse project with 79 car spaces.

Jones Lang LaSalle sold the Dundas Valley site at auction according to the AFR which reported the sale. The sale price equated to $428 per square metre.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of