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55 Adderton Road and 1, 5 & 11 Telopea Street Telopea NSW 2117

  • Development / Land
  • 2,996 m²
  • For Sale, EXPRESSIONS OF INTEREST

DA APPROVED LOCAL LANDMARK DEVELOPMENT SITE WITH INCOME

    Offered to the market for the first time since being developed over 60 years ago, Moxham Commercial is proud to present to market this leased neighbourhood shopping strip with DA Approval for a Mixed Use Development. This remarkable island site has multiple street frontages and boasts a prime position opposite Telopea's future Light Rail Station.

    Existing improvements comprise 11 leased retail shops, first floor offices and 8 residential tenancies returning a passing net annual income of $304,858* p.a excluding GST.

    The property will be offered for sale via Expressions of Interest closing, Thursday, 28th July at 4:00pm (AEST).

    A summary of highlights of the property are outlined below:

    - First time ever offered
    - Approved for 60 units and 2,400sqm* of retail
    - Proudly positioned opposite Telopea's future Light Rail Station
    - Existing fully leased neighbourhood shopping mall and first floor apartments
    - Net Income $304,858* p.a excluding GST
    - Land area 2,996 sqm*, island site
    - Zoning: B1: Neighbourhood Centre

    Approx.*

    The property is offered for sale via Expressions of Interest closing, Thursday, 28th July at 4:00pm (AEST).

    For more information, please contact the below exclusive selling agents:

    Jeff Moxham
    Moxham Commercial
    0413 838 339
    jeff@moxhamcommercial.com.au

    Matthew Curtis
    Moxham Commercial
    0439 505 752
    matthew@moxhamcommercial.com.au

    Property Highlights

    Floor Area2,996 m²
    Land Area2,996 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2017896997
    Category
    Last updated  28 Jun 2022
    Map for 55 Adderton Road and 1, 5 & 11 Telopea Street Telopea NSW 2117

    Property Highlights

    Floor Area2,996 m²
    Land Area2,996 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2017896997
    Category
    Last updated  28 Jun 2022
    Level 11/10 Carrington St Sydney NSW 2000
    Jeff Moxham
    Jeff Moxham
    Moxham Commercial PTY LTD
    Matthew Curtis
    Matthew Curtis
    Moxham Commercial PTY LTD

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