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23-25 Frederick Street, Rockdale, NSW 2216
Rockdale
*Total Gross Annual Rental $403,787 (approx.)
* B2 Local Centre Zoning
* Currently 25 Meter Height Limit with unlimited FSR
Ray White Hurtstville are pleased to offer this rare opportunity to acquire a fully leased investment with the opportunity to "Value Add" by lodging a Development Application for a mixed use commercial /residential development.
Key Features Include:
• Fully leased investment with four (4) separate tenancies with a combined gross annual rental of $403,787 (approx.)
• Level 1 leased to "Cardno" an ASX listed public company
• Total Site Area of 995.50 sqm (approx.)
• Total Building Area 1,543 sqm (approx.) excluding common areas
• Zoned "B2 Local Centre" under Bayside Council LEP 2021
• Current 25 Meter Heigh Limit
• Unlimited FSR under Bayside Council LEP 2021 Town Centre Plan
• Existing improvements comprise refurbished 2 level commercial building with basement security parking for 22 cars
• Three (3) street frontages to Frederick Street, Waltz Lane and Frederick Lane therefore would be a functional development site
• The property is conveniently located approximately 100 meters to both Rockdale Railway Station and bus interchange providing easy access to both international and domestic airports and City.
• Rockdale is conveniently located approximately 13 kilometers South of Sydney Central Business District and short distance to Brighton Le Sands and Botany Bay
• Ideal opportunity to hold and lodge a Development Application for commercial/residential mixed use development and receive income in the interim.
Remember to mention you found this property on DevelopmentReady
*Total Gross Annual Rental $403,787 (approx.)
* B2 Local Centre Zoning
* Currently 25 Meter Height Limit with unlimited FSR
Ray White Hurtstville are pleased to offer this rare opportunity to acquire a fully leased investment with the opportunity to "Value Add" by lodging a Development Application for a mixed use commercial /residential development.
Key Features Include:
• Fully leased investment with four (4) separate tenancies with a combined gross annual rental of $403,787 (approx.)
• Level 1 leased to "Cardno" an ASX listed public company
• Total Site Area of 995.50 sqm (approx.)
• Total Building Area 1,543 sqm (approx.) excluding common areas
• Zoned "B2 Local Centre" under Bayside Council LEP 2021
• Current 25 Meter Heigh Limit
• Unlimited FSR under Bayside Council LEP 2021 Town Centre Plan
• Existing improvements comprise refurbished 2 level commercial building with basement security parking for 22 cars
• Three (3) street frontages to Frederick Street, Waltz Lane and Frederick Lane therefore would be a functional development site
• The property is conveniently located approximately 100 meters to both Rockdale Railway Station and bus interchange providing easy access to both international and domestic airports and City.
• Rockdale is conveniently located approximately 13 kilometers South of Sydney Central Business District and short distance to Brighton Le Sands and Botany Bay
• Ideal opportunity to hold and lodge a Development Application for commercial/residential mixed use development and receive income in the interim.
Remember to mention you found this property on DevelopmentReady
23-25 Frederick Street, Rockdale, NSW 2216
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
