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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.

    Victor Sheu
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Jai Sethi
    Ray White Commercial Western Sydney
    Jai Sethi
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney

    Property Highlights

    Property ID2017009885
    Date Sold16 Jun 2021
    Floor Area745 m²
    Land Area758 m²
    ParkingAsk Agent
    Category
    Last updated  16 Jun 2021
    Map for 54 Freeman Street Lalor Park NSW 2147
    Map for 54 Freeman Street Lalor Park NSW 214754 Freeman Street Lalor Park NSW 2147
    Victor Sheu
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Jai Sethi
    Ray White Commercial Western Sydney
    Jai Sethi
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney

    Property Highlights

    Property ID2017009885
    Date Sold16 Jun 2021
    Floor Area745 m²
    Land Area758 m²
    ParkingAsk Agent
    Category
    Last updated  16 Jun 2021
    Ray White Commercial Western Sydney
    Level 1, 15-17 Argyle Street, Parramatta NSW 2150
    Victor Sheu
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Jai Sethi
    Ray White Commercial Western Sydney
    Jai Sethi
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Victor Sheu

    Victor Sheu

    Ray White Commercial Western Sydney

    Jai Sethi

    Jai Sethi

    Ray White Commercial Western Sydney

    Peter Vines

    Peter Vines

    Ray White Commercial Western Sydney

    0412 *** ***
    0412301582

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