CBRE and Ray White Commercial, are pleased to present 163 - 165 Parramatta Road, Haberfield for sale. The property is a service station investment leased to a high-quality tenant, Metro Petroleum; one of the largest independent service station networks in Australia.
The property boasts a commanding corner location with two street frontages along Rogers Avenue (33m*) and Parramatta Road (50m*), the latter being one of Sydney's main thoroughfares, servicing almost 30,000* Eastbound vehicles daily^.
The property sites on a massive 1,151sqm* block currently zoned B6 - Enterprise Corridor but with future redevelopment/rezoning potential available (STCA). Presently, the site offers strong cash flow with approximately 30 years of petrol sales being conducted.
The property benefits from the following key attributes:
- Leased to high quality tenant Metro Petroleum, one of Australia's largest independent service station networks
- Secure lease to 2026 with options to 2031
- High profile corner block along the main thoroughfare of Parramatta Road
- Large 1,151sqm* Land Area
- B6 - Enterprise Corridor Zoning
- Quality investment with a secure asset class
- Potential for future redevelopment/rezoning (STCA)
- Easy access to Sydney's CBD and Inner West suburbs
163 - 165 Parramatta Road, Haberfield will be sold via Private Treaty.
For further information please contact the listing agents.
*approximate
^Sourced from Transport NSW's Traffic Volume Viewer