Superior Value Creation Opportunity | Occupy, Invest or Redevelop
Colliers are delighted to present 119-121 Cabramatta Road, a rare and unique opportunity to acquire a large mixed-use building with development upside offering a superior value creation proposition to occupy, invest or redevelop in the vibrant and tightly held Cabramatta retail precinct.
First time offered in 63 years, the site is a double-storey retail & commercial building, backed by its solid existing structure and an impressive floorplate of 3,882.7 sqm NLA plus basement and goods lift on flexible MU1 Mixed Use zoning.
Operating as a highly successful furniture retailer since 1961, the site benefits from its location moments to the Cabramatta town centre known as a thriving and bustling asian destination attracting over 15,000 visitors and tourists on the weekend alone.
Key highlights include:
• First time offered in 63 years!
• Mixed-use double-storey retail & commercial building with impressive 3,882.7m2* GLA floorplate including 637m2* basement
• Flexible MU1 Mixed-Use zoning with future development potential (STCA)
• Site Area: 1,699m2*
• Leading furniture retailer since 1961 in the heart of Cabramatta town centre only 200 metres from Cabramatta railway station.
• Highly visible location with 32 metres* frontage to Cabramatta Road with easy access to Hume Highway.
• Superior value creation opportunity for investors being strata sub-division for multiple tenancies to increase income or owner-occupiers seeking a large retail & commercial premises
• Cabramatta is a large, vibrant commerical centre and popular restaurant precinct with over 15,000 visitors and tourists on the weekend alone.
119-121 Cabramatta Road, Cabramatta is offered for sale by International Expressions of Interest (EOI) closing on Thursday 23 May 2024 at 3:00pm (AEDT).
*approx. ^subject to council approval
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