45-47 Drummond Street, Belmore, NSW 2192

Development/Land

For Sale Contact Agent

  • Property ID: 331403
  • Floor Area: 1960m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Boutique DA Approved Development Opportunity

Colliers International are excited to present 45-47 Drummond Street, Belmore (‘the subject site’) for sale. The property presents developers with an outstanding opportunity to acquire a boutique sized DA approved residential development site in the heart of Belmore.
Located on the west side of Drummond Street, just off Canterbury Road, the subject site immediately benefits from being on a quieter street, whilst providing easy access to the main Commercial core of Belmore and its surrounding Inner West suburbs. The site is currently comprised of two industrial-style commercial buildings across two separate land holdings which are currently leased, which provides a secure short-term holding income for incoming purchasers.
The subject site benefits from having DA approval for 41 residential units, plus 480sqm* of ground floor commercial and associated underground carpark, as well as benefits from being in close proximity to local amenity, transport, education and employment.
The subject site offers the following compelling development highlights:
- DA Approved for 41 residential units plus ground floor retail
- Total site area of 1,960sqm* across two separate land holdings
- Benefits from having a short-term holding income of $81,818 pa.*
- In close proximity to transport, being 750m* from Belmore Station, and bus access along Canterbury Road (120m*)
- Highly efficient architectural scheme and unit layout
*approx.
45-47 Drummond Street, Belmore is being offered For Sale. For more information or to obtain a copy of the Information Memorandum, please contact any of the exclusive selling agents below:
Nick Estephen: 0488 748 186
Clarence Chan: 0420 364 998
Jordan McConnell: 0419 990 295

Belmore Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4000 $204 5.10%
Retail $3527 $312 8.84%
Industrial --- $188 ---
This is the average advertised price, rent and yield for Belmore, NSW 2192*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

Colliers International - Sydney West

20 Smith St, Parramatta, NSW 2150

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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