Auction 3rd May, unless sold prior

89 Park Road, Auburn, NSW 2144


RARE FIND – HIGH YIELD NOW, RESIDENTIAL DEVELOPMENT LATER

UNIQUE BLOCK WITH EXISTING USE RIGHTS FOR MULTIPLE INDUSTRIAL USAGE

Multiple Potential Uses
R3 Medium Residential Zoning
Leaders Estate Agents, are pleased to present 89 Park Road, Auburn. This rare 612sqm* sits on an R3 Medium Density Residential zoned corner block with existing use rights for various industrial uses. The sale is subject to an existing lease to April, 2027 + a 3 year option providing savvy investors with excellent holding income with upside for potential future options to occupy, invest or develop.

Fronting both Park and Union Road, buyers will appreciate the convenient location of the block; sitting within close proximity to a wide-variety of useful amenities, shops, restaurants, public transport options and specialty stores.


The major arterial road of St Hilliers, which is located a mere 5-minute* drive connects commuters to Parramatta Road and more importantly, the Western Motorway (M4), allowing East and West-bound travel across Sydney.

89 Park Road, Auburn benefits from the following key attributes:
- Corner block with lease
- Leased to an operator of heavy machinery
- Total Outgoings: 100% of outgoings payable by the lessee as set out in the lease
- Site area of approx. 612sqm*
- Zoned on a R3 Medium Density Residential block
- Moments to public transport options and major arterial roads

Property Info

Municipality
Auburn

AUCTION

Saturday, 03 May 2025
12:15 pm
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY