Cnr Concord Road & Princess Avenue Concord NSW 2137

INTRODUCTION

Stonebridge Property Group have the exclusive privilege to offer for sale Cnr Concord Road & Princess Avenue, Concord NSW 2137 on behalf of Caltex Australia.

This outstanding development site will be sold by Public Auction at 10.30am (AEST) Thursday 27th of October 2011.

HIGH EXPOSURE DEVELOPMENT SITE

The site benefits from a corner position fronting the key arterial route of Concord Road as well as frontage to Princes Avenue.

MEDIUM DENSITY RESIDENTIAL ZONING

The property is zoned R3 Medium Density Residential under the Canada Bay Local Environmental Plan 2008, allowing for the potential transformation of the site to a myriad of potential uses including childcare, shops, places of worship and residential (Subject to council and other relevant regulatory approvals).

TENANT INTEREST

We have received interest from a liquor retail chain who would like to occupy retail space contemplated for the property (S.T.C.A).

PROXIMITY TO KEY TRANSPORT AND COMMERCIAL HUBS

Located within 1km (approx.) of North Strathfield Station, the property provides easy access to key retail, industrial and commercial hubs of Rhodes, Lidcombe and Strathfield.

ESTABLISHED AND GROWING RESIDENTIAL AREA

The property sits within the City of Canada Bay, an established residential area that has grown significantly in recent decades as a result of medium to high density residential development. As a result, existing infrastructure and community facilities provide a strong platform for future growth.

For sale via Public Auction on Thursday 10th November 2011 at 10.30am to be held at the Sydney Morning Herald Auction Rooms, Level 3, 115 Pitt Street, Sydney.