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16 Third Avenue, BLACKTOWN, NSW 2148

Name: 16 Third Avenue, BLACKTOWN, NSW 2148
Address: 16 Third Avenue , NSW, Blacktown, NSW, 2148
Telephone: +61 419 018 356

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SOLD

16 Third Avenue, BLACKTOWN, NSW 2148

Properties / Sold / New South Wales / Blacktown

Development Approved

1. Property 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

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2. Property 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.

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