Address available on request,
Marrickville, NSW 2204
Development Sites & Land • Shops & Retail • Offices
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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 Sydneys 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 Marrickvilles 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...
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 Sydneys 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 Marrickvilles 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
04162815...
Address available on request
Marrickville, NSW 2204
Raine & Horne Commercial - Inner West/South Sydney4-8 Gladstone St
MARRICKVILLE, NSW 2204
MARRICKVILLE, NSW 2204
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