Welcome to 168 Burwood Road, the most iconic corner in Burwood CBD currently home to Westpac. The property offers the market an exceptional opportunity to secure a freehold building with significant development upside within one of Sydney's fastest growing locales. Perfect for investors seeking a strong performing asset underpinned by its irreplaceable location, businesses aiming to make a statement, as well as developers seeking significant redevelopment opportunities. 168 Burwood Road is an opportunity not to be missed. Additional Highlights of the Property: • Substantial building area of 770sqm* • Total land area of 477.7sqm* • Currently leased to Westpac generating an net annual income of $437,090.80 + GST • Landmark corner site with three (3) street frontages • Four (4) on-site parking spaces with rear lane access • Zoned MU1 Mixed Use (previously B4 Mixed Use) • Significant underlying development potential with 6:1 FSR and 70m height limit • Excellent exposure with unmatched pedestrian flow in one of Sydney's tightliest held markets • Located on the station in the absolute heart of Burwood CBD • Substantial future upside through rental reversion, conversion or redevelopment (STCA) The property is now offered for sale via Public Auction to be held on-site on Wednesday 20 November 2024 at 10:30 am.
E-Mail-Anfrage an RWC - Western Sydney
Immobilie ID: 504716536