Ray White Commercial NSW and Link Property Services are pleased to offer for sale an exceptional development site in the heart of Alexandria. Located at 45-47 Ralph Street and 634 Botany Road, the property is offered for sale via Expressions of Interest.
Prospective purchasers have the opportunity to acquire this substantial 5,056sqm* site, currently leased through to February 2020, returning $678,632* + GST per annum.
Once an industrial precinct, Alexandria has undergone a major transformation in recent years, and is now a thriving commercial and medium to high density residential suburb.
Additional highlights of the property include:
- A substantial 5,056sqm* development land on two contiguous titles
- Existing showroom / office / warehouse building with a floor area of 5,000sqm*
- Currently leased with an income of $678,632* + GST per annum
- Zoned B7 - Business Park with an FSR of 2:1 and a height limit of 22m, permitted for shop top housing^
- Located in a heart of Alexandria, well-serviced by public transport and a range of amenities
- Potential for further development^ to unlock its full potential
Visit the website to view a detailed video and other related content - https://youtu.be/CDjw_YwxgOc
The property is offered for sale by Expressions of Interest, closing on Wednesday 12 September 2018 at 3pm (AEST).
To obtain further information, please contact the below exclusive selling agents:
Artie Kalpidis
Partner
Link Property Services
0403 383 333
artie.kalpidis@linkps.com.au
Jeff Moxham
Managing Director & Partner
Ray White Commercial NSW
Sydney CBD
0413 838 339
jmoxham@raywhite.com
Matthew Ramsay
Director & Partner
Ray White Commercial NSW
Sydney CBD
0413 743 555
mramsay@raywhite.com
*Approximately
^Subject to Council Approval