Ultimate City Fringe Showroom, Office & Warehouse with 3 Street Frontages
This three-level building, a rare find on the city’s fringe, offers versatile business opportunities. Boasting a net yield of over 6%—exceptional for Sydney—this multi-tenanted, freehold investment property also presents significant development prospects.
Anticipated changes through the Parramatta Road Urban Renewal Strategy in the upcoming years could further enhance its value by unlocking rezoning potential.
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Purchasing Costs
Key Highlights
• The building can be accessed from Water St, Gordon St, Cahill St & Pyrmont Bridge Road
• Building area of 3,100m2*
• This property offers a NET Annual Income of $725,520.00 p.a + GST (post-rental management and land tax).
• Potential planning upside including via the Parramatta Road Urban Renewal Strategy
• Offers immediate access to Sydney CBD, Newtown, and Glebe town centres and a choice of transport options
• Close to a range of popular amenities such as educational establishments, hospitals, shops, arterial roadways, cafés, restaurants, and bars
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If you’re interested in joining the lucrative world of commercial property, contact us now.
