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54 Freeman Street
Lalor Park NSW 2147
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Sold on 16 Jun 2021

54 Freeman Street Lalor Park NSW 2147

  • Shop & Retail
  • 745 m²
  • Sold

FREEHOLD IGA SUPERMARKET INVESTMENT WITH DEVELOPMENT UPSIDE^

    Ray White Commercial is pleased to present the opportunity to purchase 52-54 Freeman St, Lalor Park, NSW via Public Auction.

    This essential service property has been a supermarket for over 36 years and leased to the same tenant IGA for 17 years. It is an excellent opportunity to secure a freehold investment with significant development upside^ in one of the largest councils in NSW - Blacktown City Council.

    Additional Highlights of the property are outlined below:

    *Total site area 758m2*
    *Combined building area 745m2*
    *Net income $141,172.35* + GST
    *Two separate titles allows flexibility to lease separately in future
    *Offered for the first time in over 30 years
    *Future development potential for various options including shop top housing & retail/commercial development (STCA)
    *Council car park in front of the property
    *Two (2) street access including rear lane access with loading dock
    *Surrounded by other essential businesses including Post office, Pharmacy, Cafe and Liquor store.

    The property will be offered for sale via Public Auction on Wednesday, 16 June 2021 at 11:00am
    Venue: Holiday Inn Parramatta, 18-40 Anderson Street, Parramatta

    For more information, please contact the exclusive agents.

    *Approx.

    Property Highlights

    Date Sold16 Jun 2021
    Floor Area745 m²
    Land Area758 m²
    ParkingAsk Agent
    Property ID2017009885
    Category
    Last updated  16 Jun 2021
    Map for 54 Freeman Street Lalor Park NSW 2147

    Nearest transport* to 54 Freeman Street Lalor Park NSW 2147

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    Property Highlights

    Date Sold16 Jun 2021
    Floor Area745 m²
    Land Area758 m²
    ParkingAsk Agent
    Property ID2017009885
    Category
    Last updated  16 Jun 2021
    Level 1, 15-17 Argyle Street, Parramatta NSW 2150

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