Investment | Development/Land | Retail | Showrooms

Property ID: 308243

 

RARE FREESTANDING PROPERTY WITH DEVELOPMENT UPSIDE

48 Henderson Road, Alexandria, nsw 2015

Located on the Southern side of Henderson Road Alexandria directly opposite the recently acquired 'Justin Hemmes' Merivale 'Alexandria Hotel' and the Australian Technology Park.
50 Metres from the Wydnham Street Intersection giving you excellent access to the CBD.
FOR SALE: Freestanding building of approximately 125sqm on 171sqm of land.

Inclusive of a lease to London Dry Cleaners which is expiring on the 31st January 2022, this going concern sale represents a very flexible acquisition providing the necessary holding income and timing to lodge a DA and proceed with change of use or development (STCA).

Particulars:
Zoning: B4
FSR: 2.5:1
Height Limit: 15 Metres

Located opposite the Australian Technology Park, the home of the Commonwealth Bank and Channel 7. The property is also directly opposite the historically significant Alexandria Hotel owned by Merivale's Justin Hemmes, this outstanding position is only 600metres from Redfern station and is unbeatable for a freestanding purchase of this nature in the city fringe.

With the flexibility of B4 zoning and it's host of permitted uses from housing to a variety of commercial uses this property is unmatched in many respects.

An outstanding opportunity to be presented to the open market FOR SALE by way of Private Treaty,

Call NOW for an Information Memorandum.

Craig Carroll
0412034263
SOUTH SYDNEY COMMERCIAL
Thinking Outside the Square Metre (tm)

For Sale

$1,750,000

Craig Carroll