Summary:
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Wee Hur Holdings has secured an unconditional option to acquire a site at 35-51 Nicholson Street in Wollstonecraft, Sydney for an undisclosed amount.
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The 2,744 sq m (29,536.17 sq ft) freehold site is earmarked for a 12-storey purpose-built student accommodation (PBSA) that can house 471 beds. The PBSA, which is located about a three-minute walk from Crows Nest Metro Station, will offer a mix of studio, ensuite rooms and two-bedroom apartments, along with communal indoor and outdoor living spaces and amenities.
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Sited within the Crows Nest Transport Oriented Development (Tod) Accelerated Precinct, one of eight precincts identified by the New South Wales Government for accelerated rezoning around major transport hubs, the future PBSA is also within walking distance of amenities, supermarkets and dining options.
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