CBRE, as the exclusive sales agent, is pleased to present a once-in-a-generation landmark opportunity at 2 Progress Avenue, Eastwood.
The property is currently fully leased to three secure tenants in Australia Post, Happigo Supermarket and a Financial Services Group. The property possesses significant value-add potential with its B4-Mixed Use zoning and significant 21.5m height limit (S.T.C.A), further capitalising from its location within Eastwood's busy town centre.
2 Progress Avenue, Eastwood benefits from the following key attributes:
- Net Income of $515,978*
- B4-Mixed Use Zoning
- Site Area of 928sqm*
- Net Lettable Area of 1,216sqm*
- Significant Development Potential to allow for shop-top housing (S.T.C.A) with Council Permitted 21.5m Height Limit
- Located within the Heart of Eastwood's shopping and dining precinct
- Walking distance to multiple desirable amenities and public transportation options
2 Progress Avenue, Eastwood will be made available for sale via Public Auction held on-site on Friday, the 25th of June 2021 at 1:00pm.
For more information or to request access to the due-diligence room, please contact the exclusive selling agents.
*approximate