SOLD

Invest or Occupy – Main Road Exposure


1499sqm site with approx. 720sqm of buildings
Designed as 3 units with 2 tenancies on month to month leases
E3 Productivity Support Zoning
PRD Commercial Western Sydney have been appointed exclusive marketing agents to offer for sale by Auction, 528 Great Western Highway St Marys.

Invest or occupy in one of the most highly exposed locations in one of the most exciting growth centres in Western Sydney.

Situated on the Great Western Highway with a wide 79.6m frontage, the opportunity exists to benefit from the huge growth being driven by the construction of the new International Airport & Metro station, which will be linked by the new rail line to existing St Marys Railway station.

Notable Features –

Wide 79.6m frontage to main road with 20,455 daily passing traffic (Source Transport NSW)
Zoned E3 Productivity support. Uses include Light Industrial, Warehouses & Offices
12m Height Limit
Highly developing area with significant Government Infrastructure programs & private investment
Record low vacancy rates in the area
Well established City Centre at properties doorstep
Potential to redevelop
For Owner Occupiers –

Built as 3 separate tenancies. Flexible options to occupy part/lease part or any variation you require.
Tenants on month to month lease.
Plenty of off street parking at the front with the buildings built on the rear boundary.
Excellent access to public transport, food & dining options.
For Investors –

Existing tenants have requested new 3 x 3 year leases to be drawn up
Total income $65,600.04 P.A Ex GST
Tenants pay 100% of Council & Water Rates
Existing Lease calls for Tenants to pay Insurances & Land Tax. Landlord has chosen not to charge.
Rent is well below market, however the building are very old & in in a poor state of repair
Neighbouring uses include -

McDonalds
Aldi
Dominos
St Marys Band Club
Metro Service Station
Broaster
Cold Rock
Ampol
Western Syndey University

Auction On-Site 29th May 2024 at 11am