Prominently located on the north-western corner of Anzac Parade and Doncaster Avenue is this excellent opportunity to secure a good, long-term investment with future development upside (STCA). Consisting a single-level corner building incorporating a well-established automotive business.
A new light rail line is proposed to link the CBD with University of NSW. The route runs directly past the property which will enhance the amenity of the location.
Kensington Town Centre is in a growth phase as more and more sites are being redeveloped for low-high density residential use and also ground level retail use. This growth enhances the underlying land value of the subject property.

• Long established tenant & well-known local business
• Excellent lease terms of 10 + 5 + 5 years
• High profile corner position with two street frontages
• Ideal for the astute investor with attractive income stream
• Proposed light rail to the CBD runs adjacent to the building
• Site area 482m² and building area of 290m² approximately
• Kensington Town Centre is in a growth phase, zoned Residential R2
• Future development prospects (STCA)

Auction:
Thursday June 27, 10.30am
123 Angel Place, Pitt Street, Sydney