Colliers is pleased to present 325–343 Princes Highway and 86–94 Hattersley Street, Banksia, to the market for sale for the first time in 37 years. This rare offering represents a significant 3,490m²* landholding, currently occupied by Collins Honda and Rockdale GWM, directly opposite Banksia Train Station.
The subject property comprises a high-quality automotive facility with a total building area of 1,717m², including a showroom, workshop, and spare parts areas, along with generous on-grade parking. Leased to Peter Warren Automotive until June 2026 with a one-year option, the asset offers immediate income and flexibility for future occupation, investment, or redevelopment. With an MU1 Mixed Use zoning and a 2.5:1 FSR, the site allows for a potential Gross Floor Area of 8,726m² (STCA).
Key Highlights include:
- Sizeable 3,490m² site in the tightly held Banksia mixed-use and commercial precinct a historically tightly held market with limited opportunities of this scale
- Established 1,717m² automotive facility*, fully leased to Peter Warren Automotive
- Net passing income of $656,812 pa. + GST with lease expiry in June 2026 and a one-year option
- Flexible MU1 Mixed Use zoning permitting a number of potential development scenarios, including residential, commercial and industrial uses
- Substantial development upside potential, underpinned by a 2.5:1 FSR and 28 metre height limit, permitting a potential Gross Floor Area of 8,726m² (STCA).
- Directly opposite Banksia Train Station with dual street frontages, providing excellent accessibility and exposure
- Limited availability of automotive showroom assets in Metropolitan Sydney due to widespread rezoning of main road sites
325-343 Princes Highway and 86-94 Hattersley Street, Banksia is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) Tuesday, 19th August 2025.
All areas and figures are approximate.
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