Auction Location: Call for details and registration
• Gross annual income $247,217 plus GST approx.
• Significant redevelopment potential
• Recommended planning proposal to increase FSR to 7:1 & 90m height
This property represents a prime investment opportunity on a corner block with significant redevelopment potential
:: Currently a two-storey mixed-use building with unparalleled traffic exposure
:: Prominent corner position with three street frontages
:: Fully leased freehold building tenanted by the Commonwealth of Australia
:: Significant redevelopment potential with a current maximum FSR of 6:1 plus Parramatta Council recommended planning proposal to increase FSR to 7:1
:: Located within one of Sydney's largest urban renewal areas
:: Land area of 395sqm and current NLA of 401sqm
:: Approx annual gross income $247,217 plus GST
The property will be sold via auction Tuesday 14 December 2021 if not sold prior.
For more information please contact exclusive agents:
CLEARPOINT
Rhys Donnellan 0418 486 709
Tracy Yap Realty
Danny Yap 0406 338 088
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.