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16 Third Avenue, BLACKTOWN, NSW 2148

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16 Third Avenue, BLACKTOWN, NSW 2148

Blacktown

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16 Third Avenue, BLACKTOWN, NSW 2148

16 Third Avenue, BLACKTOWN, NSW 2148

Properties / Sold / New South Wales / Blacktown
Development Approved
Property Type
Commercial, Residential
Sub Type
Hotel Sites, Office, Retail/Shopping Centre, Apartment Sites
Land Area
1,020 m² (*approx)
Selling Method
Auction: 2 March 2023 at 1:00pm
Auction Date
2 Mar 2023 12:00PM
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Value For Money | DA Approved Development Site
  • Premier CBD Mixed Use project
  • DA approved for 97 units
  • Offering with holding income

Colliers is pleased to present a value for money opportunity to acquire a DA approved mixed use development site with holding income on flexible B4 Mixed Use zoning in the vibrant cosmopolitan suburb of Blacktown.

Investment Highlights;

- Corner site of 1,020 m²*

- DA approved for 97 apartments and 703m²* commercial / retail

- CBD location, in close proximity to public & private schools, Blacktown Hospital, Westpoint - - Shopping Centre and Blacktown railway station and bus interchange

- Alternative DA proposed for 116 key hotel and 40 residential apartments (subject to Council approval)

- Lease to Dulux until 31 October 2023 with a net income of $156,000 per annum*

Blacktown is the largest City in New South Wales with a total population of 403,000 persons and 55.5% are young families with children.

- All reasonable offers will be considered.

*approx

The property is for sale by Private Treaty.

Remember to mention you found this property on DevelopmentReady

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Development Approved

Development Site Summary

Property Type
Commercial, Residential
Sub-type
Hotel Sites, Office, Retail/Shopping Centre, Apartment Sites
Land Area
1,020 m² (*approx)
Selling method
Auction: 2 March 2023 at 1:00pm
Auction Date
2 Mar 2023 12:00PM

Development Site Highlights

Value For Money | DA Approved Development Site
  • Premier CBD Mixed Use project
  • DA approved for 97 units
  • Offering with holding income

Colliers is pleased to present a value for money opportunity to acquire a DA approved mixed use development site with holding income on flexible B4 Mixed Use zoning in the vibrant cosmopolitan suburb of Blacktown.

Investment Highlights;

- Corner site of 1,020 m²*

- DA approved for 97 apartments and 703m²* commercial / retail

- CBD location, in close proximity to public & private schools, Blacktown Hospital, Westpoint - - Shopping Centre and Blacktown railway station and bus interchange

- Alternative DA proposed for 116 key hotel and 40 residential apartments (subject to Council approval)

- Lease to Dulux until 31 October 2023 with a net income of $156,000 per annum*

Blacktown is the largest City in New South Wales with a total population of 403,000 persons and 55.5% are young families with children.

- All reasonable offers will be considered.

*approx

The property is for sale by Private Treaty.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

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16 Third Avenue, BLACKTOWN, NSW 2148

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Property Location of 16 Third Avenue, BLACKTOWN, NSW 2148

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16 Third Avenue, BLACKTOWN, NSW 2148 Blacktown