Located directly opposite Rhodes railway Station, 15-17 Blaxland Road is an existing commercial building of 1,980sqm with basement parking for 51 cars and is currently fully leased with an annual net return of approximately $587,800.

15-17 Blaxland Road, Rhodes is situated in what Canada Bay Council now refers to as “The Rhodes East Priority Precinct” which was recently announced on the back of an Urban Activation Precinct submission that was lodged to the Department of Planning and Environment (DPE).

In August 2015, the DPE endorsed this submission and now Canada Bay Council have appointed a steering group to investigate and progress this further.

Subsequently, the Owners have commissioned independent planning advice which follows the Urban Activation Precinct Submission and subject to the necessary statutory approvals, could see a new multi-storey residential development on the premises.

Any new development would look over Brays Bay Reserve and Parramatta River with commanding views to the Sydney CBD.

For Sale via Expressions of Interest closing Thursday 3 December 2015 3pm