• Sold
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection
The Leichhardt Collection

For Sale

Expressions of Interest 3rd Mar 2020 Colliers International

Inner West Commercial Investment with Future Development Potential

Colliers International are pleased to offer this truly exceptional opportunity in Sydney’s 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 165+ 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 don’t hesitate to contact the exclusive agents.

Property Details

  • 21/03/2020
  • Contact our experts for details on this transaction