A two-storey Good Class Bungalow at 17 Leedon Park has been put up for sale by tender. The freehold property, which sits on a land area of 46,879 sq ft, has a guide price of $70 million to $75 million, which works out to between $1,493 and $1,599 psf.
The property is situated on one of the highest points of the Leedon Park GCB estate. Completed in the early 1990s, the GCB has a built-up area of about 9,000 sq ft. According to JLL, the appointed marketing agent, the property is large enough to be subdivided into three GCBs, which require a minimum land area of 15,069 sq ft each. The GCB is near amenities such as the Botanic Gardens, Holland Village, Cold Storage Jelita and The Star Vista. The tender closes on Oct 18.
The freehold property, which sits on a land area of 46,879 sq ft, has a guide price of $70 million to $75 million