Deceased Estate - 3 Retail Shops In One Line
Offered for the first time in over 40 years, 3 retail shops in one line and title on a site area of 505.90m2 in the thriving Parramatta CBD.
Fully leased investment with established tenants and stable multiple income streams with 3 individual tenancies and a nett lettable area of 238m2 (approx.). Current gross passing income of $94,671.84 per annum + GST with annual increases and future potential to increase to market value.
Development potential (STCA) zoned B4 Mixed Use under Parramatta City Council LEP with a maximum floor space ratio of 3:1 and a maximum building height of 24 metres...
Expressions of Interest
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