Colliers is delighted to present 36 Menangle Street, Picton to the market For Sale by Public Auction. The property is known as the former General Hardware Store in the Picton CBD, situated on a prime parcel of E1 Local Centre zoned land.
36 Menangle Street represents a unique development opportunity offering the chance to capitalise on the transitioning nature of the Picton commercial precinct at a time where exponential investment and growth is earmarked under the Western Sydney City Deal.
Key Property Highlights:
- Flexible E1 Local Centre zoning which allows for many redevelopment options (STCA);
- Expansive 2,906sqm* total site area with a rectangular shape block;
- Prominent 41m* frontage to Menangle Street, and rear laneway access (Manolis Lane);
- 8.3km* to the Hume Highway providing access to Campbelltown, Liverpool, and Sydney CBD;
- Located in the 'Picton Place Plan' and Wollondilly Shire Cultural, Civic, and Community Precinct Plan;
- Offering versatile development possibilities, including the option to reinstate the existing hardware store for a local owner occupiers; and
- Significant investment from the NSW State Government into road infrastructure, aimed at supporting population growth and overall development.
This is a rare opportunity to acquire an iconic piece of real estate in the culturally rich suburb of Picton. This one if a generation property is not to be missed.
The property will be sold by way of Public Auction on 21st March 2024. The auction will be held 'Dexus Place' Cooley CBD 1 Margaret Street, Sydney NSW 2000. The auction portfolio will commence at 10:30am.
*Approx.
