388 Parramatta Road, Burwood, NSW 2134

Showrooms | Retail | Offices

Sold

Sold

  • Property ID: 397596
  • Floor Area: 1630m²
  • Land Area: 1630m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1630m2 1630m2 Contact Agent
DEVELOPMENT WITH HOLDING INCOME

388 Parramatta Road Burwood presents an excellent opportunity to purchase a prominent investment site with genuine development upside along the Parramatta Growth Road Corridor.

The property is a large modern car dealership in the heart of Parramatta Road's car dealership strip. Built on 1,630 sqm of land in 1999, the property is home to a car showroom and display yard totalling approximately 1,000 sqm and a service department with five work bays. The building comprises:

* 300 sqm retail showroom
* 183 sqm office
* 276 sqm warehouse
* 120 sqm basement
* 1,630 sqm total land
* Gross income $230,000 pa (excl gst)
* 300 m from Burwood North Metro (under construction)
* Proposed favourable zoning amendments

To find out more please contact Sam Hill 0417 747 440 or click here for a virtual inspection https://youtu.be/_TyyQ3Tb1uw

Expressions of Interest to be submitted by 5pm, Tuesday 12 October to sam@johnhill.com.au

Burwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $852 ---
Offices $10976 $659 6.01%
This is the average advertised price, rent and yield for Burwood, NSW 2134*
* 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.

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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