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Commercial, Industrial, Residential, Mixed Use
101 Raleigh Road, Milperra, NSW, 2214

Property details

  • Property ID:
    18339
  • EOI:
    Closing Thursday 10 October 2019 at 3:00 (AEDT)
  • Area:
    7.90 hectares (*approx)
  • Type:

    Commercial:

    Industrial:

    Residential:

    Mixed Use:

  • Development Potential:
    Zoned RU4 Primary Production Small Lots (STCA)
Agency information
Peter Vines
Victor Sheu
Joseph Assaf

Overview

7.9HA* SITE WITH HOLDING INCOME

  • Site area 7.9ha*
  • Currently leased to established tennants
  • Significant development potential^

Ray White Commercial NSW is pleased to present 101 Raleigh Street Milperra for sale via Expressions of Interest.

One of the last remaining substantial land holding in Milperra of 7.9ha* (79,080sqm*) and great access to major arterial roads. Ideal opportunity for the investor or future developer, currently leased for $421,160* p.a. + GST to 3 established tenants including a golf range, gym, tennis and squash courts.

Additional highlights of the property are outlined below:

*Site area 7.9ha* (79,080sqm*)
*340m* frontage to Raleigh Road
*Zoned RU4 Primary Production Small Lots
*Adjoining R2 low density residential
*Significant development potential^
*Current leased to three established tenants
*Combined passing income $421,960 p.a. + GST
*Potential to increase rental return with additional tenancies
*Situated in a high growth precinct area with significant infrastructure upgrade
*Potential delayed settlement available

The property will be offered for sale via Expressions of Interest, closing Thursday 10 October 2019 at 3:00 (AEDT).

For more information, please contact the exclusive selling agents.


* Approximately
^ Subject to Council Approval

Remember to mention you found this property on DevelopmentReady.com.au

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