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328-336 Princes Highway, Banksia, NSW 2216

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328-336 Princes Highway, Banksia, NSW 2216

328-336 Princes Highway, Banksia, NSW 2216

Properties / Buy / New South Wales / Banksia
Development Potential

1. Property Summary

Property Type
Commercial, Child/Healthcare, Industrial
Sub Type
Hotel Sites, Retail/Shopping Centre, Child Care, Medical
Land Area
1,734 m² (*approx)
Selling Method
Auction: Price on Request
Auction Date
25 Jun 2024 10:30AM
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2. Property Highlights

100% Leased Sydney Freehold with Upside - Supercheap Auto
  • First Time Offered to Market in 56+ Yrs
  • Development Upside (STCA)
  • 58m* Princes Highway Frontage

Burgess Rawson is pleased to offer to market the Supercheap at 328-336 Princes Highway Banksia (Rockdale) NSW for sale via our Investment Auction Portfolio 169

The property has the following investment highlights:

+ Prime 1,734sqm* highly exposed site boasting 58m* Princes Highway frontage

+ Strong trading anchor tenant Supercheap Auto in occupation 31+ years (81% of total income)

+ E3 Productivity Support Zoning: allows fast food, childcare, medical, fuel, hotels, LFR or a zoning change may allow 48 units + retail (STCA)

+ Strategic retail hub close to Rockdale Station & national brands including Westpac Bank, Spotlight, Anaconda, EG/Ampol, First Choice Liquor & Tradelink.

+ Easily accessed via main arterials including the Princes Highway & M1, plus close to Sydney International Airport

+ Rockdale: South Sydney suburb within Bayside LGA supporting over 191,385 residents^

+ Ideal short term holding income / WALE

+ Net Income: $396,502 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 25 June 2024

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx

^forecast.id.com.au

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial, Child/Healthcare, Industrial
Sub-type
Hotel Sites, Retail/Shopping Centre, Child Care, Medical
Land Area
1,734 m² (*approx)
Selling method
Auction: Price on Request
Auction Date
25 Jun 2024 10:30AM

2. Property Highlights

100% Leased Sydney Freehold with Upside - Supercheap Auto
  • First Time Offered to Market in 56+ Yrs
  • Development Upside (STCA)
  • 58m* Princes Highway Frontage

Burgess Rawson is pleased to offer to market the Supercheap at 328-336 Princes Highway Banksia (Rockdale) NSW for sale via our Investment Auction Portfolio 169

The property has the following investment highlights:

+ Prime 1,734sqm* highly exposed site boasting 58m* Princes Highway frontage

+ Strong trading anchor tenant Supercheap Auto in occupation 31+ years (81% of total income)

+ E3 Productivity Support Zoning: allows fast food, childcare, medical, fuel, hotels, LFR or a zoning change may allow 48 units + retail (STCA)

+ Strategic retail hub close to Rockdale Station & national brands including Westpac Bank, Spotlight, Anaconda, EG/Ampol, First Choice Liquor & Tradelink.

+ Easily accessed via main arterials including the Princes Highway & M1, plus close to Sydney International Airport

+ Rockdale: South Sydney suburb within Bayside LGA supporting over 191,385 residents^

+ Ideal short term holding income / WALE

+ Net Income: $396,502 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 25 June 2024

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx

^forecast.id.com.au

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

328-336 Princes Highway, Banksia, NSW 2216

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4. Due Diligence

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Report Contains

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  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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