Skip to main content
SearchBack to results

189-189a Parramatta Roads Annandale NSW 2038

  • Shop & Retail
  • 400 m²
  • For Sale, Ask Agent

6 Secure income streams on two seperate titles

  • Great investment Development Upside
  • Close to CBD
  • Premier innerwest Retail location

Honeysure takes pleasure in the exclusive offering of 189-189a Parramatta Road Annandale. The property is serviced by precious rear lane access via Albion Lane. Annandale is one of the premier and most desirable inner west suburbs situated approx. 5 km’s from Sydney CBD , Darling Harbor and Sydney University well serviced by public transportation. Zoned B2 Local Centre, this commercial and residential property is on two separate titles offering 6 separate income streams from both commercial & residential tenants. The entire building has had extensive work done both externally and internally with a single car garage as well as parking for 3 cars on site.
A Development opportunity with exciting possibilities that are in alignment with the 6B Enterprise corridor, part of the NSW Government Urban strategy for Parramatta Road re-development.
Currently the FSR is 1:1 however there is a ministerial direction that Inner West Council is to prepare a planning proposal for Parramatta Road which is consistent with the strategy. Download the document “Planning & Design Guidelines” and note pages 240,241,244,245,247.  The area is proposed for a 3:1 F.S.R.. and 22mtr height which could allow for a 6 story structure.

https://www.landcom.com.au/places/parramatta-road/parramatta-road-publications/

Possible re-configuration of internal layout could increase rental income. With a 9 month demolition clause in lease contract, this property offers a secure income whilst a new DA is being considered. A solid investment in a growth area that offers inner west lifestyle convenience and commercial access to the West

Supporting Documents

Supporting Document 1

Property Highlights

Property ID2015446034
Floor AreaAsk Agent
Land Area400 m²
Parking4 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 Mar 2020
Map for 189-189a Parramatta Roads Annandale NSW 2038
Map for 189-189a Parramatta Roads Annandale NSW 2038189-189a Parramatta Roads Annandale NSW 2038
  • Commercial loan calculator
  • powered by

Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.

  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

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.

Honeysure Commercial
266/16 Boondah Road Warriewood NSW 2102

More Shop & Retail for Sale in Annandale NSW

241 Parramatta Road Annandale NSW 2038
For SaleExpressions Of Interest
241 parramatta road,annandale, NSW 2038
140 m²
Shop & Retail
107 Parramatta Road Annandale NSW 2038
For SaleContact Agent
107 parramatta road,annandale, NSW 2038
115 m²
Shop & Retail
Suite G13 & G14/45 Nelson Street Annandale NSW 2038
For SaleContact Agent
suite g13 & g14/45 nelson street,annandale, NSW 2038
244 m²
Shop & Retail
Contact Agent