Mixed-Use Investment with Diverse Income and Development Upside
Under instructions from the Agents for the Mortgagee in Possession, Phillip Campbell-Wilson and Said Jahani of Grant Thornton, RWC is pleased to present 1-15 Station Street, Wentworthville to the market via Expressions of Interest.
An exceptional mixed-use building with strong cash flow, diverse income, and development upside making it a prime proposition for investors and developers.
Strategically located just 20m* from the train station and proximity to the major employment centres including Parramatta CBD and the Westmead Health and Education Precinct.
Additional highlights of the property are outlined below:
• Current annual net income of $476,950^^
• Diverse revenue streams encompassing various tenants
• Combined land area of 924.75 sqm across four properties
• Zoned as E1 local centre (Formerly B2 Local Centre)
• Floor space ratio (FSR): 4.5:1
• Building Height (HOB): 53 metres
• Situated on a prime front location, boasting an impressive 51m* frontage
• Desirable business destination underpinned by high volume pedestrian foot traffic
The property will be offered for sale via Expressions of Interest closing Wednesday 27th September 2023 at 3:00pm.
For more information, please contact the below exclusive selling agents.
^^Based on information available, RWC recommends prospective purchasers to conduct their own due diligence.
*Approximately
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