61-63 Victoria Road Rozelle NSW 2039
- Shop & Retail
- 1,020 m²
- Commercial Auction
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.
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 21st October 11-11:45am
Wednesday 28th October 11-11:45am
Wednesday 4th 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 date and time||17/11/2020 10:30|
|Auction location||61-63 Victoria Road, Rozelle NSW|
|Floor Area||1,020 m²|
|Land Area||1,100 m²|
|Parking||31 x Onsite parkings|
|Annual Return||Ask Agent|
|Last updated||19 Oct 2020|