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168 Burwood Road,
Burwood 2134, New South Wales
Price withheld
Property details
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Agents
Iconic Corner Freehold Investment With Significant Redevelopment & Reversion Upside
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.
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.
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