204-218 Botany Rd Alexandria NSW 2015

For Sale- Prime Corner Position Near Waterloo Metro- Massive Development Upside (stca)

An outstanding opportunity to purchase an income generating property located on one of South Sydneys prime corners- the corner of Botany Road and McEvoy Street In Alexandria.

Features include:

Three Level Freehold Title Property with 73 metres frontage to Botany Road and 30 metre frontage to McEvoy Street.

Gross Building Areas:

Ground Level Showrooms- 1880 sqm

Upper Level Showrooms/ offices- 1868 sqm

McEvoy St Level Gym/ Parking- 1899 sqm

Total 5647 sqm ( all areas subject to survey)

Zoning MUI- Mixed Uses - allows a wide range of uses including residential , commercial , light industrial and showroom / retail uses.

Gross Income ( assumes fully leased) - $1,538,000+GST

The property has been divided up into multiple air conditioned tenancy areas - uses include, retail, trade showrooms , entertainment, fitness and office uses.

Multiple Male and Female amenities are located on each level.

A loading dock on the northern side of the property provides excellent loading / unloading facilities.

The property is located close the new Waterloo Metro, has buses at the door and is a short walk to Green Square train station.

Redfern Station and South Eveleigh are approximately 1 kilometre to the north of the property.

Development Potential:

According to the Valuer General the property has the following attributes:

New planning controls introduced on the 11th November 2022 provide for the following:

- A Maximum FSR of 4.5:1

- Maximum Height Limit of 35 Metres

- Developable Gross Floor Area- 8876 sqm

This is an excellent opportunity to purchase a landmark building in prime position with massive development potential.

Property Code: 652