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3 Averill Street & 6 Leeds Street Rhodes NSW 2138

  • Development / Land
  • 2,770 m²
  • For Sale, Expressions of Interest

Rhodes East Precinct - Platinum Investment and Development opportunity

  • 2 Adjoining warehouses
  • Site area of 2,770sqm*
  • Only self storage building in Rhodes

Ray White Commercial Western Sydney is pleased to present 3 Averill Street & 6 Leeds Street, Rhodes for sale via Expressions of Interest.

Located in a prominent location in the Rhodes East Precinct, this represents an exceptional opportunity to invest, reposition or develop.

3 Averill Street, also known as 'Rhodes Self Storage' is a self storage facility comprising about 198 units and has also been DA approved for a height uplift, allowing further expansion of the building.^^

6 Leeds Street, adjoins at the rear and is improved with a single level warehouse currently let to two tenants. The property has DA approval for conversion to self storage in conjunction with an increase in building height.^^

With an array of options on offer and over a substantial site area of 2,770sqm, intending purchasers could also develop the properties into a childcare centre + utilise the 31m height limit for added expansion of the existing self storage business + an apartment development under the R4 High Density Residential zoning. These properties have significant upside providing multiple value add opportunities.^

After the recent rezoning of the Rhodes East Precinct that occurred on 30 October 2021, Rhodes Self Storage will be the only and last approved self-storage facility within the Rhodes Peninsula. Currently trading at 95% occupancy, the increase in population density and the scarcity of storage spaces, this facility will be highly sought after.

Additional Highlights: |
• Site area of 2,770sqm*
• Two adjoining warehouses
• Only storage facility in the Rhodes catchment area with an excellent demograhic of customer base
• Development upside through zoning R4 High Density Residential
• Two street frontages
• Expansive waterview and harbour views
• Further value add opportunity^
• Prominent exposure to Concord Road
• Stroll to the new ferry wharf (proposed)
• Booming population growth with increasing housing and population density
• Adjoining Council car park to 6 Leeds Street

The properties will be offered for sale individually or in one-line via Expressions of Interest, closing Thursday 21 April 2022 at 3pm.

Peter Vines
Ray White Commercial Western Sydney
Peter Vines
Ray White Commercial Western Sydney
Victor Sheu
Ray White Commercial Western Sydney
Victor Sheu
Ray White Commercial Western Sydney
Joseph Assaf
Ray White Commercial Western Sydney
Joseph Assaf
Ray White Commercial Western Sydney

Property Highlights

Floor Area3,249 m²
Land Area2,770 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017676306
Category
Last updated  21 Mar 2022
Map for 3 Averill Street & 6 Leeds Street Rhodes NSW 2138
Peter Vines
Ray White Commercial Western Sydney
Peter Vines
Ray White Commercial Western Sydney
Victor Sheu
Ray White Commercial Western Sydney
Victor Sheu
Ray White Commercial Western Sydney
Joseph Assaf
Ray White Commercial Western Sydney
Joseph Assaf
Ray White Commercial Western Sydney

Property Highlights

Floor Area3,249 m²
Land Area2,770 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017676306
Category
Last updated  21 Mar 2022
Level 1, 15-17 Argyle Street, Parramatta NSW 2150
Peter Vines
Peter Vines
Ray White Commercial Western Sydney
Victor Sheu
Victor Sheu
Ray White Commercial Western Sydney
Joseph Assaf
Joseph Assaf
Ray White Commercial Western Sydney
Peter Vines
Peter Vines
Ray White Commercial Western Sydney
Victor Sheu
Victor Sheu
Ray White Commercial Western Sydney
Joseph Assaf
Joseph Assaf
Ray White Commercial Western Sydney

Peter Vines

Ray White Commercial Western Sydney

Victor Sheu

Ray White Commercial Western Sydney

Joseph Assaf

Ray White Commercial Western Sydney

0449 *** ***
0449 857 100

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