5 Victoria Avenue, CASTLE HILL NSW 2154
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- Industrial / Warehouse
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- 0 x Onsite parking
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- 25 May 2016
Invest, Occupy or Develop
Exceptional offering to acquire a significant holding with extensive frontage and exposure to Victoria Avenue, within the Castle Hill trading zone. This is an extremely rare offering and genuinely represents one of the last ever opportunities to acquire a Freehold Property with direct vehicular access and frontage to Victoria Avenue - the premier bulky goods retail strip within the Hills district.
This bulky goods, service industry and automotive showroom precinct is underpinned by very strong and affluent local demographics.
Key features of this offering include the following:
Dual street frontage – high exposure to Victoria Avenue and rear access via Hoyle Avenue.
Exceptionally well presented near new building having a total area of 6,966m² (approx.) plus rear showroom and display areas of 560m²
Improvements lend themselves to many retail uses (e.g. display, showroom, automotive) - subject to Council approval.
Flexible B5 Business Development zoning under Hills Shire Council.
Under-developed site providing value-add opportunities (current FSR of approximately 0.42:1 versus permissible FSR of 1:1).
Two lot subdivision potential, taking advantage of the dual street frontage.
Flexible terms, vacant possession or partial leaseback by leading Iconic Homewares Retailer.
Benefit from substantial infrastructure investment with the $8.3 billion North West Rail Link due for completion in 2019.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
5 Victoria Avenue CASTLE HILL