CBRE, as exclusive selling agents, are delighted to present for the first time in over twenty years, 5-9 Macquarie Rd, Auburn; a single level commercial building which has recently been refurbished over basement carparking within walking distance to Auburn Railway Station & Auburn Central.
Commanding a prominent location in the heart of Auburn with an extensive frontage to Macquarie Rd, this freestanding commercial building which was built in the 1980s with basement car parking for 40 cars will be one of the most sought after in 2021.
Location: Located on the Eastern side of Macquarie Rd. Auburn is a major inner west growth suburb within Metropolitan Sydney. 700m walking distance to Auburn Railway Station.
19 kms* west of Sydney CBD and 6 kms* south-east of Parramatta CBD. Close vicinity to all essential amenity. Arguably the busiest commercial enterprise hub in the Sydney Metropolitan region which accommodates national and international brand heavy weights including: Costco, Harvey Norman, Bunnings Warehouse, Coco Republic, Fantastic Furniture & Adidas.
The property will attract several buyers because of its many key attributes, including:
*Building Area: 1,104sqm*
*Site area 1,870sqm*
*Zoned B4 Mixed Use
*Floor Space Ratio 5:1
*Height of Building 38 metres or 10 levels - (Draft Cumberland Local Environmental Plan 2020)
*The subject property has the potential for the construction of a 10 level mixed use building over basement level carparking. The site could yield 9,350sqm of Gross Floor Area.
Lease Terms:
Lessee: Commonwealth of Australia represented by the Department of Human Services
Lease Commencement Date: 3 December 2018
Lease Expiry Date: 2 December 2026
Option Period: Two, 3 year options
Commencing Rental:$331,170 per annum net
Passing Rental: $351,338.25 per annum net
Outgoings: Payable by Lessee
5-9 Macquarie Road, Auburn will be sold via Public Auction at 10:30am, Thursday 1st April, 2021.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
