Premium Government Tenanted Investment + Upside^

Ray White Commercial is exceptionally excited to present 8 First Avenue, Blacktown for sale via Expressions of Interest.

First time to be offered to the market for sale, 8 First Avenue is positioned in the heart of Blacktown's growing CBD moments from the train station, Westpoint shopping centre and all amenities that Blacktown has to offer.

Commanding a substantial frontage of 68 metres* with rear lane access via Humphries Lane, the freehold opportunity offers secure income underpinned by the Commonwealth Government of Australia.

Key highlights of the opportunity include;

• Current net income of $2,019,501*
• Secure lease to Centrelink till August 2026 with a 3-year option
• 4,437sqm* net lettable area over 2 levels
• Total land area of 2,814sqm*
• Zoned B4 Mixed Use with 80 metres height limit
• Efficient open floor plan with opportunity to subdivide in the future
• Excellent location within walking distance to Blacktown Railway Station and Westpoint Shopping Centre
• 75 basement car parking spaces plus 9 skirting parking spaces
• 5.5 stars NABERS rating

The 100% freehold interest of 8 First Avenue is offered for sale via Expressions of Interest closing Wednesday 16 March 2022 at 3:00pm.

For more information, please contact the below exclusive selling agents.

*Approx. ^S.T.C.A

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