2 Francis Street,
Marrickville, NSW 2204
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
2 Francis Street
Marrickville, NSW 2204
Map of 2 Francis Street
RARE INNER WEST APARTMENT BLOCK OF 15 APARTMENTS WITH PARKING
- 6x1 bed & 9x2 bed apartments + parking
- 200m from Marrickville Train Station
- Proposed high density/mixed use zoning
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.
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.
Property ID: 503875598Last Updated: 9 Nov 2021
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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