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Sold on 15 Jan 2021

61-63 Victoria Road Rozelle NSW 2039

  • Shop & Retail
  • 1,020 m²
  • Sold, $10,100,000

SUBSTANTIAL CORNER FREEHOLD

    Belle Property Commercial Inner West are pleased to offer 61-63 Victoria Road, Rozelle for sale via Public Auction. The building is home to Combined Air, SDA Engineers and Sign Wave, which are returning approximately $380,000 Per Annum. Together, they are the ideal tenancy mix, providing the purchaser with a high-income stream, along with security.

    A building of this calibre, which sits on a corner block of close to 1100sqm, is an opportunity to secure a prime piece of Inner West Real Estate. Its position along Victoria Road, a major arterial road, commuted by over 70,000 vehicles daily, provides unparalleled exposure and being one traffic light from the CBD, convenience, connectivity and enormous future development potential (STCA) ideally suited for landbanking.

    As of 2023, the property will further benefit from the opening of the Rozelle Interchange part of Westconnex, which will be the M4 - M5 Link to the Anzac and Iron Cove Bridges, and the future Western Harbour Tunnel and Beaches Link, connecting the suburb to the entire Sydney Metro road system. Additionally, A metro station will be delivered to the area for the first time, providing critical connections to the Sydney CBD and the western suburbs. The Bays Station will act as a catalyst for the long awaited renewal of the area and the Bays Station will be located between Glebe Island and White Bay Power Station.

    This is the ideal investment for the current economic climate and an opportunity to land bank a substantial holding at the CBDs door step.

    Features Include:

    1100 sqm of Land (approximately)
    Future Development Potential (STCA)
    $380,000 Per Annum + GST (Gross) Income (approx.)
    Substantial Income Growth Potential
    Basement Parking (31 Cars)

    The property will be open for inspection:
    Wednesday 11th November 11-11:45am

    The auction will take place on Tuesday, 17th November 2020 at 10:30am
    Location: Auctionworks - Mezzanine Level, 50 Margaret Street, Sydney

    AUCTION

    Auction date and time17/11/2020 10:30
    Auction locationAuctionworks - 50 Margaret Street, Sydney NSW 2000

    Property Highlights

    Property ID2016554478
    Date Sold15 Jan 2021
    Sold Price$10,100,000
    Floor Area1,020 m²
    Land Area1,100 m²
    Parking31 x Onsite parkings
    Category
    Last updated  17 Nov 2020
    Map for 61-63 Victoria Road Rozelle NSW 2039
    Map for 61-63 Victoria Road Rozelle NSW 203961-63 Victoria Road Rozelle NSW 2039
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    • Purchase price

      $
      10,100,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016554478
    Date Sold15 Jan 2021
    Sold Price$10,100,000
    Floor Area1,020 m²
    Land Area1,100 m²
    Parking31 x Onsite parkings
    Category
    Last updated  17 Nov 2020
    Belle Property Commercial Inner West
    186 Enmore Road Newtown NSW 2042

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