Colliers is pleased to present 35 Railway Parade, Eastwood, a rare opportunity to acquire a three-level freestanding mixed-use complex in one of Sydney’s most tightly held and dynamic Lower North Shore locations. Located directly opposite Eastwood railway station, the secure income producing asset features 9 strata title lots fully leased by 5 modern apartments, café, fashion store & dental clinic on first level over two titles plus 9 on-grade car spaces - all in one line. Surrounded by high-end residential, Rowe Street premier retail and dining scene, Eastwood continues to attract strong rental growth and increasing demand from local and overseas investors. Investment Highlights: • 9 strata-titled lots for sale in one line. • Blue-chip location directly opposite Eastwood Railway Station and nearby Eastwood Shopping Centre, Rowe Street & Eastwood Hotel. • Current Net Income - $304,802.09 per annum (as at Mar-25) • Eastwood is a sought after and ultra-dense market of Sydney’s Lower North Shore with the median house price currently $2,651,000 in March 2025. • Dynamic and densely populated trade area, containing a high proportion of Asian born residents mainly Chinese & Korean. • Secure and low risk investment with strong value proposition including long-term rental growth, uplift and strata sell-down opportunities. • MU1 Mixed Use zoning with 15.5m height limit • Strong rental growth in low vacancy market at 1.2% in March 2025 (SQM Research) 35 Railway Parade, Eastwood is for sale by Public Auction on Saturday 12th April 2025 at 12:00PM on-site. *approx.
E-Mail-Anfrage an Colliers - Sydney
Immobilie ID: 504815588