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325-343 Princes Highway and 86-94 Hattersley Street, Banksia, NSW 2216
Banksia
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.
Remember to mention you found this property on DevelopmentReady
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.
Remember to mention you found this property on DevelopmentReady
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