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101 Raleigh Road Milperra NSW 2214

  • Development / Land
  • 7.91 ha
  • For Sale, EOI

7.9HA* Site With Holding Income

Ray White Commercial NSW is pleased to present 101 Raleigh Street Milperra for sale via Expressions of Interest.

One of the last remaining substantial land holding in Milperra of 7.9ha* (79,080sqm*) and great access to major arterial roads. Ideal opportunity for the investor or future developer, currently leased for $421,160* p.a. + GST to 3 established tenants including a golf range, gym, tennis and squash courts.

Additional highlights of the property are outlined below:

*Site area 7.9ha* (79,080sqm*)
*340m* frontage to Raleigh Road
*Zoned RU4 Primary Production Small Lots
*Adjoining R2 low density residential
*Significant development potential^
*Current leased to three established tenants
*Combined passing income $421,960 p.a. + GST
*Potential to increase rental return with additional tenancies
*Situated in a high growth precinct area with significant infrastructure upgrade
*Potential delayed settlement available

The property will be offered for sale via Expressions of Interest, closing Thursday 10 October 2019 at 3:00 (AEDT).

For more information, please contact the exclusive selling agents.

* Approximately
^ Subject to Council Approval

Property Highlights

Property ID2015625457
Floor Area1,500 m²
Land Area7.91 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  9 Sep 2019
Map for 101 Raleigh Road Milperra NSW 2214
Ray White Commercial NSW - Western Sydney
Ste 6.02, L6/80 George St Parramatta NSW 2150

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