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CBRE - Western Sydney

13-15 Luttrell Street Glenmore Park, NSW 2745

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13-15 Luttrell Street,
Glenmore Park, NSW 2745

Development Sites & Land • Other

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CBRE - Western Sydney
Lord Darkoh
Ray Ahsan
Alex Mirzaian

CBRE - Western Sydney

Level 4 10-14 Smith Street
PARRAMATTA, NSW 2150
CBRE - Western Sydney
13-15 Luttrell Street
Glenmore Park, NSW 2745

Map of 13-15 Luttrell Street

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LOW DENSITY RESIDENTIAL DEVELOPMENT SITE WITH HOLDING INCOME

  • Site area 2,001 sqm*
  • R2 - Low Density Residential Zoning
  • Leaseback to Telstra
CBRE as the exclusive selling agents are pleased to present 13-15 Luttrell Street, Glenmore. The property is a 2,001sqm* residential development site (STCA) with holding income currently improved as a Telstra Corporation Limited telephone exchange. The property is offered with a 2 year lease with triple net terms to Telstra Corporation Limited and enjoys an abundance of development potential (STCA). The R2 Low Density Residential zoning permits use cases including centre-based or home-based childcare facility, subdivision for multiple residential dwellings, medical office, shop top housing and a place of public worship and more. 13-15 Luttrell Street is in proximity to bus stops, an assortment of supermarkets, boutique retail stores, parks, schools, Westfield Penrith, Penrith Train Station and the M4 Motorway.

13-15 Luttrell Street, Glenmore Park benefits from the following key attributes:
- Generous 2,001sqm* square, flat parcel of land
- R2 Low Density Residential Zoning offering an abundance of development potential (STCA) through centre-based childcare facilities, residential subdivision, medical facilities, shop top housing, place of worship and more.
- Offered with a 2-year lease with triple net terms (tenant pays all outgoings) to Telstra Corporation Limited at a net rent of $60,000 p.a. Excl GST
- Situated in a desirable suburb in proximity to the upcoming Western Sydney Airport opening in 2026, St Mary's & Orchard Hills Metro Station.
- Proximity to Glenmore Park Town Centre which includes an assortment of supermarkets, boutique retail stores, service station, health facilities, eateries, and schools
- T-Way bus stop located 100 m from the property, offering easy transportation around the suburb and to popular Westfield Penrith, Penrith Train Station, St Marys Town Centre

13-15 Luttrell Street, Glenmore Park will be sold via a Public Auction on Tuesday, 22nd March 2022 at 10:30am at AuctionWORKS.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx

Property ID: 504014751Last Updated: 29 Nov 2022

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