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30 Clio Street & 50-52 Glencoe Street Sutherland, NSW 2232

30 Clio Street & 50-52 Glencoe Street,
Sutherland, NSW 2232

Development Sites & Land • Other

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UNIT BLOCK INVESTMENT WITH DEVELOPMENT UPSIDE

  • 18 x 2 bedroom units
  • R4 high density zoning
  • Large corner site close to station
CBRE are delighted to offer a significant risk averse offering in an affordable, high growth area in Sydney.
Rarely do such excellent opportunities present themselves.

• 18 x 2 bedroom generous sized units, 28 car spaces, built 1990
• Fully leased income: $350,000 pa* - Large land: 2,023 sqm*
• Recently rezoned R4 high density, 20m height, FSR 1.5:1
• Strata title approved allowing flexible asset - 800m* from Sutherland train Station
• Median unit sale price growth rate in Sutherland over the past 5 years: 43%*

The property will be sold by way of Public Auction on Tuesday 1 March 2016 10.30am.
Auction Venue: auctionWorks 50 Margaret St, Sydney NSW 2000.

For further information on the property please contact the exclusive selling agents below:

Nicholas Heaton
m. 0408 025 0...
e. nicholas.heaton@cbre.com.au

Gemma Isgro
m. 0403 230 085
e. gemma.isgro@cbre.com.au

Property ID: 501831026Last Updated: 20 Sep 2017

0408 025 0...
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30 Clio Street & 50-52 Glencoe Street
Sutherland, NSW 2232

Detailed listing

CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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