4 - 8 Park Lane Caringbah Caringbah NSW 2229

CBRE, as the exclusive sales agent, is pleased to offer 4 - 8 Park Lane, Caringbah, to the market collectively for the first time.

Positioned within Caringbah Town Centre, this prominent mixed-use tenanted investment, to be sold individually, boasts unrivalled potential to revert rents to market, refurbish, redevelop, strata-title & sell down or convert to residential (STCA).

4-8 Park Lane, Caringbah, benefits from the following key attributes;

- Nestled in a highly sought-after commercial pocket in South Sydney, offering a unique multi-tenanted investment opportunity
- Comprising 3 x retail and 4 x interconnected office suites, which can be purchased individually or as a whole
- Currently generates $105,223.20* in gross income per annum, with the potential to increase to a market annual gross income of $270,250.00*.
- Potential for refurbishment, redevelopment, strata-title, and residential conversion (STCA)
- Favourable E2 Commercial Centre planning controls, allowing a 20m height limit and 2.5:1 Floor Space Ratio
- Poised to benefit from ongoing gentrification and new developments in the area, attracting new residents
- Conveniently located, just a 4-minute* walk from Caringbah Train Station and close to bus stops connecting to Miranda, Cronulla, and Sutherland
- Combined frontage of 60m* to Park Lane
- Ample parking options available, including on-street parking and a nearby council car park
- Surrounded by local cafes, restaurants, shops, schools, medical centres, and parks
- Easy access to amenities such as Sutherland Hospital & Miranda Westfield

4 - 8 Park Lane, Caringbah will be offered for sale via Public Auction at AuctionWORKS on Tuesday the 4th of June, 2024 from 10:30am onwards.

For more information or to request access to the due diligence room, please contact the exclusive sales agent.

Approx*
(STCA) Subject to Council Approval