712 Botany Rd is located at the Northwestern intersection of Botany Rd and Miles Street, only one block from Gardeners Rd, and was acquired off market. The previous owner occupier purchased a larger, more suitable property and relocated to Alexandria.
Mr Skufris said "712 Botany Rd offers 1,100 sq metres of ground floor warehouse style space with iron bark beams, two clear span timber bays with highlighted skylights- absolutely ideal for commercial conversion".
"Major works have already been completed as per the DA approval with potential now to provide three retail shopfronts and a glazed entry lobby to the 27.35 metre Botany Rd frontage, ideal as office or showroom with onsite parking for 15 cars" said Mr Robertson.
The property presents as a new 'city fringe' style of conversion opportunity, without the inner CBD 'ring' space constraints, offering versatility as either commercial, retail or showroom (STCA) at a most realistic indicative rental of $480 per sq metre plus GST on GBA.