175-177 Taren Point Road, Caringbah & 94-98 Parraweena Road,
Miranda, NSW 2228
Warehouse, Factory & Industrial • Offices • Showrooms & Large Format Retail
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Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan StreetMASCOT, NSW 2020
175-177 Taren Point Road, Caringbah & 94-98 Parraweena Road
Miranda, NSW 2228
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SOLD | Taren Point's Legacy Collection - Reposition, Redevelop or Occupy
- Large combined site area of 6,586m²
- Offered in one line or separately
- Reposition, Redevelop or Occupy
Colliers as the exclusive selling agents, are pleased to offer for sale, Taren Point's Legacy Collection 175-177 Taren Point Road, Caringbah & 94-98 Parraweena Road, Miranda.
This strategically positioned key corner land holding features impeccable improvements across four existing buildings and is situated at the pinnacle of the most sought-after locations in the Sutherland Shire.
Taren Points Legacy Collection benefits from the following captivating features:
- Three high-quality existing buildings totalling 4,721m²* which can be sold separately or in one line
- Commanding location with two street frontages and a combined 181 meters of exposure, occupying the most prominent street position in the Sutherland Shire
- Generous landholding of 6,586m²* across four titles, providing significant scale in an extremely tightly held market
- Approximate passing holding income of $633,043* per annum as the asset is mostly vacant and significantly under rented
- Assessed net market income of $1,845,165* per annum, which could be further enhanced into the future by allowing bulky goods or specialty retail (STCA)
- Prominent high-traffic exposure to Taren Point Road and Parraweena Road, Sutherland Shire's most prominent roads
- Value-add potential with the ability to create immediate value through repositioning, adjusting market rentals, and attracting a variety of national and multi-national tenants
- Diverse collection of assets at various price points, allowing all buyer groups to participate in the sales process
- Ample car parking, providing excellent customer parking across all three assets
- Landmark location with high visibility
- Favourable zoning controls allowing for 9,879m²* of allowable gross floor area across the site within a 16 metre height control.
*All figures are approximate
This is a once-in-a-lifetime opportunity being offered for sale for the first time in over 48 years.
Taren Points Legacy Collection is offered For Sale via Private Treaty.
For further information please contact the exclusive selling agents:
Trent Gallagher
0432 242 0...
Edward McFarland
0401 868 3...
This strategically positioned key corner land holding features impeccable improvements across four existing buildings and is situated at the pinnacle of the most sought-after locations in the Sutherland Shire.
Taren Points Legacy Collection benefits from the following captivating features:
- Three high-quality existing buildings totalling 4,721m²* which can be sold separately or in one line
- Commanding location with two street frontages and a combined 181 meters of exposure, occupying the most prominent street position in the Sutherland Shire
- Generous landholding of 6,586m²* across four titles, providing significant scale in an extremely tightly held market
- Approximate passing holding income of $633,043* per annum as the asset is mostly vacant and significantly under rented
- Assessed net market income of $1,845,165* per annum, which could be further enhanced into the future by allowing bulky goods or specialty retail (STCA)
- Prominent high-traffic exposure to Taren Point Road and Parraweena Road, Sutherland Shire's most prominent roads
- Value-add potential with the ability to create immediate value through repositioning, adjusting market rentals, and attracting a variety of national and multi-national tenants
- Diverse collection of assets at various price points, allowing all buyer groups to participate in the sales process
- Ample car parking, providing excellent customer parking across all three assets
- Landmark location with high visibility
- Favourable zoning controls allowing for 9,879m²* of allowable gross floor area across the site within a 16 metre height control.
*All figures are approximate
This is a once-in-a-lifetime opportunity being offered for sale for the first time in over 48 years.
Taren Points Legacy Collection is offered For Sale via Private Treaty.
For further information please contact the exclusive selling agents:
Trent Gallagher
0432 242 0...
Edward McFarland
0401 868 3...
Property ID: 504326332Last Updated: 12 Nov 2023
Colliers - Sydney SouthBuilding 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
MASCOT, NSW 2020
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