This is a rare and unique opportunity to acquire a significant holding within Marrickville's prized Victoria Road Precinct. This land banking opportunity provides the astute investor with a substantial income stream, with enormous development upside once the lease term finishes.
The B6 Zoning, 2:1 FSR and height limit of 24m allows you to unlock this properties huge potential and cement your place within Sydney's most hotly contested and sought after market. Lying between the Toga residential Development of Wicks Park, the future high density residential Danias Timer project, Rich Street Creative Precinct and both Merivale's Vic on the Park establishment and Factory Theatre, this asset boasts not only its future potential but also its enviable location and proximity to some of Sydney's most significant projects.
- Rental: $105,000.00 P/A + GST Gross
- Land Area: 500sqm
- Building Area: 450sqm
- Zoning: B5
- FSR 2:1
- HOB: 24m
The property will be open for inspection:
Thursday 25th November 11-11:30am
Thursday 2nd December 11-11:30am
Thursday 9th December 11-11:30am
The Auction will be held on Tuesday 14th December 2021 at 10:30am at Auctionworks - 50 Margaret Street, Sydney NSW 2000