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675 Parramatta Road Leichhardt NSW 2040

  • Offices
  • 5,970 m²
  • For Sale, Please contact agent

The Leichhardt Collection

  • Sale and Leaseback to Best & Less
  • Proposed Rezoning Precinct
  • 5 Star NABERS Rating

Colliers International are pleased to offer this truly exceptional opportunity in Sydneys Inner West. A versatile offering of this calibre rarely comes to market in this location and accordingly we anticipate it will be given the deserved consideration throughout the International EOI Campaign.

Key property highlights include:

- Huge amalgamated 6,265m2 block of land
- Substantial existing improvements inclusive of modern office accomodation, warehousing and car parking for 125+ cars
- Excellent location within close proximity to the T2-Inner West Train Line, Inner West light rail route and proposed Metro Line, whilst being only 7.6km by road from the Sydney CBD. Adjoins two high density residential developments being Leichhardt Green and Oasis
- Sale and Leaseback to Best & Less, a national retailer of 197 stores Australia wide founded in 1965, returning $1,300,000+ per annum net-
- Underlying development potential with proposed rezoning to B4 Mixed Use zoning with a 2.4:1 FSR and 21 metre height limit
- Significant reversionary rent opportunity passing office rent only $250/m2 net
- Value add potential via re-letting the existing improvements upon lease expiry, or via a development application/proposal increasing site density for mixed use development in line with government initiatives and surrounding precedence

For further information dont hesitate to contact the exclusive agents.

Property Highlights

Property ID2016044077
Floor Area5,970 m²
Land Area6,265 m²
Energy5-star NABERS Energy rating
Parking125 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  5 Feb 2020
Map for 675 Parramatta Road Leichhardt NSW 2040
Map for 675 Parramatta Road Leichhardt NSW 2040675 Parramatta Road Leichhardt NSW 2040
Colliers International - Sydney
Level 30, Grosvenor Place 225 George Street Sydney NSW 2000

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