Share this property

realcommercial.com.au

Address available on request Marrickville, NSW 2204

Address available on request,
Marrickville, NSW 2204

Development Sites & Land • Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Map

Directions

PRIME INNER WEST DEVELOPMENT SITE WITH SIGNIFICANT HOLDING INCOME

  • 1,007m² site
  • 18.29 metres frontage
  • Returning app. $220,000 per annum net
1,007.1m² site* with an 18.29 metre* frontage.
High profile site in a vibrant section of Illawarra Road metres from its intersection with Marrickville Road.
Returning approx. $220,000 per annum net from 6 tenancies.
Tenancies comprise of 2 x retail, 1 x office, 2 x residential and 1 x tower.
Floor Space Ratio of 2.5:1 as per Marrickville Council LEP 2011.
Potential to significantly increase returns.
5 tenancies expire between now and Aug 2016, with the 6th tenancy being subject to a demolition clause.
High demand suburb in Sydney’s strong performing Inner West.
Attractive settlement terms.
A rare opportunity – opportunities to purchase sites like this are rare. Our vendors are genuine and seek a definite sale.


Buyers can look forward to achieving strong re-sales as part of any re-development in this appealing & strategic position. All the amenity of Marrickville’s shopping strip is at your doorstep and it is just 400 metres from Marrickville Train Station and 8 kilometres from Sydney CBD. This is the ideal position for your next project, one not to be missed.

AUCTION
Tuesday 2nd June 2015 commencing at 10:30am at Auctionworks - 50 Margaret Street, Sydney.

For further details please contact Luke Smith on 0416 281 5...

Property ID: 501534791Last Updated: 1 Mar 2017

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
04162815...
realcommercial.com.au logo
Address available on request
Marrickville, NSW 2204

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.