$4,510,000

6

SOLD AT AUCTION - RECORD PRICE ACHIEVED - $460,000 ABOVE RESERVE!

The Gerard Cole Property team is excited to exclusively present a rare and extraordinary opportunity to acquire a commercial investment property with fantastic development potential (STCA) in Sydney’s Inner West.

> Outstanding three-level building with retail showroom and commercial offices
> Mixed commercial and high density residential development (STCA)
> Prime positioning on the Parramatta Road Corridor as part of the NSW Government’s Urban Transformation Strategy
> Triple street frontage to Parramatta Road, Palace Street and Queen Street
> Site area 559.3sqm and building area 1,100sqm approximately
> Wide 70 metres street frontage approximately
> Disabled access, elevator and fully air-conditioned
> Secure off-street parking for 6 vehicles
> Close proximity to Petersham TAFE, Norton Plaza, Leichhardt Marketplace, Sydney University, RPA Hospital, Broadway and the Sydney CBD
> Short walk to bus stops, Taverners Hill light rail and Petersham train station

Auction to be held on Tuesday, 27th March 2018, 10:30am at 50 Margaret Street, Sydney.

We achieve record results.
Call us on 9269 9118 for a free appraisal of your property.

586-590 Parramatta Road, Petersham

$4,510,000

6

Description
SOLD AT AUCTION - RECORD PRICE ACHIEVED - $460,000 ABOVE RESERVE!

The Gerard Cole Property team is excited to exclusively present a rare and extraordinary opportunity to acquire a commercial investment property with fantastic development potential (STCA) in Sydney’s Inner West.

> Outstanding three-level building with retail showroom and commercial offices
> Mixed commercial and high density residential development (STCA)
> Prime positioning on the Parramatta Road Corridor as part of the NSW Government’s Urban Transformation Strategy
> Triple street frontage to Parramatta Road, Palace Street and Queen Street
> Site area 559.3sqm and building area 1,100sqm approximately
> Wide 70 metres street frontage approximately
> Disabled access, elevator and fully air-conditioned
> Secure off-street parking for 6 vehicles
> Close proximity to Petersham TAFE, Norton Plaza, Leichhardt Marketplace, Sydney University, RPA Hospital, Broadway and the Sydney CBD
> Short walk to bus stops, Taverners Hill light rail and Petersham train station

Auction to be held on Tuesday, 27th March 2018, 10:30am at 50 Margaret Street, Sydney.

We achieve record results.
Call us on 9269 9118 for a free appraisal of your property.

Agent Details
Gerard Cole

Commercial Sales and Leasing

phone +61 2 8070 9221

email[email protected]

Agency Details
Sydney Office

location

02 9568 1611

Key Details
property ID 1401916
land size 559.30m2
build size 1100m2
Media
Location