176-180 O'Riordan Street,
Mascot, NSW 2020

This property could be a land bank, or a great raw canvass which can provide developers or investors an opportunity to maximse the sites potential with an FSR of FSR.
Located on the eastern side of O’Riordan Street Mascot, this rare freehold site commands exposure. The site also benefits from dual street access from O’Riordan & King Street
Subject to council approval, we would see the highest and best use to include:
- Commercial development - investment
- Commercial development - strata
- Storage facility
- Multi Storey office and warehouse strata development
- Bulky Goods premises/ neighbourhood shops
- Investment/ land bank on an as is basis

176-180 O’Riordan Street is a freestanding 1,496m² office and warehouse building that is situated on a 2,794m² parcel of land.
The site is currently leased to a strong covenant, with a lease expiry on 30 June 2017.
It is leased with a 1+1 year lease to a strong covenant.
Property features:
- Prime development opportunity
- Total building area of 1,496m²
- Land area of 2,794m²
- Net passing income of $331,481.28
- Two street frontages to O’Riordan Street and King Street
- Zoned B5 Business Development
- 3:1 FSR, up to 8,382m² of GFA
- Very strong short term lease covenant
- Directly opposite the most recent mascot commercial development - Connect
- Only 550 metres Mascot Train Station
- Walking distance to Meritons new Mascot Central Retail precinct – Woolworths and 17 food and lifestyle retailers

For sale via Auction on Thursday 24th November at Cooley Auction Centre, Level 5, 1 Margaret Street Sydney commencing from 10:30am.

For more information or to arrange an inspection contact:

William Gathercole
0403 618 757

Or

Michael Crombie
0412 903 0...