CPG & Knight Frank are pleased to present to the market, an exiting investment and landbank redevelopment opportunity on a prominent recognized corner.
The property represents an opportunity to acquire a boutique scale neighbourhood retail investment, with future
development upside.
130 Tower Street is a well positioned, fully-let investment site in the heart of the established town centre of Panania.
The building on site is composed of five retail tenancies with four residential units.
BUILDING
Full brick constructed double story building
Total building area of 1,270m2
5 Ground floor shops
4 First floor apartments
INCOME
Fully leased mixed use building
Total income of $254,547.31
SITE
Strategically positioned on the corner of Tower St & Woodburn Avenue
Huge Dual Frontage
Total land area of 1,287m2
Proposed increase to planning proposal, FSR & GLA. (S.T.C.A)
Location
800m to Panania train station
Connectivity to M5 - South West Motorway
Don't miss out on the chance to invest in this fantastic property.
Open for inspection: Tuesday's 11am & Thursday's 2pm
Auction: 27th April 2023, In-rooms 6pm, level 3/56 Kitchener Parade, Bankstown
Contact us today to arrange an inspection and take the first step towards securing your future financial success.
Commercial Property Group
Mitchell Owen / Chris Wade
0401 451 889 / 0490 083 759
Knight Frank
Mark Litwin / Demi Carigliano
0415 742 605 / 0423 015 815
