229 Victoria Road Gladesville NSW 2111

CBRE as the exclusive selling agent, is pleased to present 229 Victoria Road, Gladesville, an attractive retail freehold with significant development upside (STCA). Located within the heart of Gladesville's tightly-held and bustling retail precinct, the property provides a multitude of uses such as for the purpose of investment, occupation and development (STCA).

The desirability of 229 Victoria Road is further underpinned by its dual-frontages with the rear frontage directly opposite the entrance to the Gladesville Shopping Village. Additionally, the rear lane access provides convenience for potential future development, tying into the sites underutilised nature which is set to further benefit from potential planning uplift through the housing SEPP (STCA).

229 Victoria Road, Gladesville benefits from the following key features:

- Retail freehold building with 425sqm* of internal area on a 310sqm* land area
- Prominent main road location fronting Victoria Road, providing significant foot and vehicle traffic exposure
- High exposure location with 50,000^ (approx.) cars passing daily
- Rear lane access via Massey & Cowell Street with access to Gladesville Shopping Village
- Significant rental reversion opportunity to a potential market gross income of $216,750* per annum
- Paired with favourable planning controls in the form of MU1 Mixed Use Zoning, 2.5:1 FSR, 16m HOB
- Potential GFA of 775sqm* (STCA)
- Set to benefit from potential state and local planning uplift through Housing SEPP (STCA)
- Positioned centrally between Sydney's major commercial hubs Sydney CBD, North Sydney, Chatswood & Parramatta CBD with bus connectivity on the property's doorstep
- Opportunity to Invest, occupy or develop

229 Victoria Road, Gladesville will be offered for sale via an Expression of Interest Campaign closing on Wednesday, August 14, 2024 at 4pm (AEST).

For more information or to request access to the due diligence room, please contact the exclusive sales agent.