14 Bankstown City Plaza Bankstown NSW 2200

Shop & Retail
264 m²
Sold

Rare freehold investment opportunity within Bankstown City Plaza

Freehold strip retail building
Opposite Bankstown Train + Bus Stations
Rare opportunity to occupy or invest

Colliers is pleased to present this incredible commercial freehold located in the heart of Bankstowns bustling CBD. The property at 14 Bankstown City Plaza is a two-level retail building which sits proudly opposite Bankstowns Train Station, offering fantastic locality for tenants, and pedestrian traffic in the CBD. Located adjacent to Commonwealth Bank of Australia, the property also reaps
rear land access and a dedicated car spot.

The property is situated in the Canterbury-Bankstown LGA, which is currently undergoing a review of their Local Environmental Plan that will see the gentrification of the properties surrounding the station.

The key investment highlights of the property are:
Imposing strip retail building with incredible locality opposite Bankstown Train Station
Situated on 264sqm of land in the growing Bankstown CBD, prime for future redevelopment
Strategic B4 Mixed Use zoning which will benefit from future density uplift in the Canterbury-Bankstown KEP review
Offering a short term holding income of $61,454.51 + GST per annum

The property is being offered for sale via Public Auction which is being held on Thursday 25th March 2021 at 10:30am at Level 5, 1 Margaret Street, Sydney