CBRE, as the exclusive sales agent, is pleased to present 2 Francis Street, Marrickville.

2 Francis Street, Marrickville is a securely leased freehold investment comprising 15 apartments over three storeys. The property occupies a generous land offering of 965sqm* and provides discerning purchasers the ability to maintain a steady cash-flow, refurbish or subdivide and sell down. Located in the heart of Marrickville, 2 Francis Street benefits from being within immediate proximity to Marrickville Train Station (200m*), Woolworths (150m*) and Sydney CBD (7.5km*). 2 Francis Street is located within the Sydenham to Bankstown Urban Renewal Corridor Strategy and has been earmarked for high rise and/or mixed use, allowing a maximum of 12 storeys. Further, additional height may be achieved on large sites in consolidated ownership, providing further development upside.

2 Francis Street, Marrickville benefits from the following key attributes:
- Total of 6 x 1 bedroom & 9 x 2 bedroom apartments
- Parking for 15 cars
- Conveniently located less than 200m from Marrickville train station
- Fully leased gross income of $338,444*
- Earmarked for high density and/or mixed use zoning allowing up to 12 storeys

2 Francis Street, Marrickville will be sold via Public Auction on Tuesday, 17 August 2021 at 10:30am at AuctionWORKS (live stream & online bidding available).

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

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.