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Sold on 16 Jul 2021

118-120, 122 Main Street Blacktown NSW 2148

  • Development / Land
  • 601 m²
  • Sold

HIGH YIELDING FREEHOLD BUILDINGS WITH DEVELOPMENT UPSIDE! (STCA)

  • Total Site Area: 601sqm*
  • Development Upside (STCA)
  • Multiple Income Streams

CBRE as the exclusive sales agent, is pleased to present 118-120, 122 Main Street, Blacktown. Two (2) freestanding high yielding freehold buildings with significant development upside (STCA) in the heart of Blacktown's thriving retail strip.

Offered with a generous land holding of 601sqm* and rear lane access on a commanding main road, the property is opportunely positioned within walking distance to Blacktown Train Station and Westpoint Shopping Centre. Additionally, six (6) existing tenancies are available to the site presenting multiple reliable income streams, generating approximately $210,635 gross annual income.

118-120, 122 Main Street, Blacktown benefits from the following key attributes:

Significantly recognised land holding of 601sqm*
Six (6) existing tenancies generating approximately $210,635 gross annual income
Prominent corner location offering premium exposure
Extensive glass facades with maximum exposure & street appeal
Partially leased with extensive tenant fit-out
Value add return on investment
Considerate development potential (STCA)
B4 mixed use zoning, ideal for shop top housing, childcare facilities, hotel accommodation and medical centres
Height of building limit of 50 metres
Located in Blacktown's thriving retail strip surrounded by boutique retail stores, shopping centers, parks, schools and transport.
High pedestrian thoroughfare providing pronounced foot and vehicle traffic to the property.
Within walking distance to Blacktown Train Station

118-120, 122 Main Street, Blacktown will be offered for Auction on Friday 16 July 2021, at 3:00pm.

Venue: Online - Registration Link: https://auctionslive.com/app/bidder-registration/40kv

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

*Approx.

Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney
Lord Darkoh
CBRE Western Sydney
Lord Darkoh
CBRE Western Sydney

Property Highlights

Property ID2017051802
Date Sold16 Jul 2021
Floor Area601 m²
Land Area601 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  18 Jul 2021
Map for 118-120, 122 Main Street Blacktown NSW 2148
Map for 118-120, 122 Main Street Blacktown NSW 2148118-120, 122 Main Street Blacktown NSW 2148
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney
Lord Darkoh
CBRE Western Sydney
Lord Darkoh
CBRE Western Sydney

Property Highlights

Property ID2017051802
Date Sold16 Jul 2021
Floor Area601 m²
Land Area601 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  18 Jul 2021
CBRE Western Sydney
Level 5, 10 - 14 Smith Street Parramatta NSW 2150
Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney
Lord Darkoh
CBRE Western Sydney
Lord Darkoh
CBRE Western Sydney

Ask Robert Dowdy about this property

Robert Dowdy

Robert Dowdy

CBRE Western Sydney

Lord Darkoh

Lord Darkoh

CBRE Western Sydney

0499 *** ***
0499 007 000

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