Knight Frank is delighted to present to the market for sale a DA approved development site, currently operated and leased to an AMPOL service station, mechanics workshop and residence.
Property Highlights:
- Development approval for 61 residential apartments plus retail
- Sought after operational service station with potential to owner occupy or lease and hold for future development
- Attractive multiple income streams leased to; a service station, mechanic workshop & apartment
- Majority two and three bedroom product
- Impressive 1,696 sqm* site area spread over two frontages
- Approved gross floor area of 6,424 sqm.
- Premium South West Sydney location neighbouring Narwee neighbourhood shops and train station
- Easy accessibility to Sydney’s arterial road networks including M5, WestConnex, King Georges Road and Forest Road.
- Potential for alternative strategies including re-leasing the service station at an improved rate to an established operator and/or land banking the asset or operational of the businesses.
Expressions of Interest campaign closing Tuesday, 26 July 2022 at 4.00pm (AEST).
For further information please contact the exclusive selling agents.
*Approx
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