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16 Third Avenue Blacktown, NSW 2148

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16 Third Avenue,
Blacktown, NSW 2148

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Value For Money | DA Approved Development Site

  • Premier CBD Mixed Use project
  • DA approved for 97 units
  • Offering with holding income
Colliers is pleased to present a value for money opportunity to acquire a DA approved mixed use development site with holding income on flexible B4 Mixed Use zoning in the vibrant cosmopolitan suburb of Blacktown.

Investment Highlights;

- Corner site of 1,020 m²*
- DA approved for 97 apartments and 703m²* commercial / retail
- CBD location, in close proximity to public & private schools, Blacktown Hospital, Westpoint - - Shopping Centre and Blacktown railway station and bus interchange
- Alternative DA proposed for 116 key hotel and 40 residential apartments (subject to Council approval)
- Lease to Dulux until 31 October 2023 with a net income of $156,000 per annum*
Blacktown is the largest City in New South Wales with a total population of 403,000 persons and 55.5% are young families with children.
- All reasonable offers will be considered.

*approx

The property is for sale by Private Treaty.

Property ID: 504246748Last Updated: 29 May 2023

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16 Third Avenue
Blacktown, NSW 2148
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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