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Colliers is pleased to present for sale 46-48 Carrington Road, Castle Hill.
An extremely rare opportunity to acquire a parcel of land for development within one of the most tightly held and restrained occupier markets in Sydney. Noting the existing warehouse and office/showroom buildings can be retained or demolished as part of the subdivision works (^STCA). Concept subdivision plans are available for review, which provide a range of land areas from 8,000m²* up to 25,000m²* approx. and includes a second street access via Hoyle Avenue plus multi-level car park which is producing strong rental returns.
This highly unique offering provides the following features;
• Exceptional exposure and access, located opposite BMW
• Walking Distance to the Showground Metro Station
• Flexible land areas available, lots from 8,150m²* with a range of options up to 25,183m²*
• Choice of 2 lots only, which provide between a 90m-195m frontage* to Carrington Rd, ideal for development
• Suit many uses including industrial, automotive, trade, showroom, self-storage, hotels etc (^STCA)
• Benefit from a delayed settlement
• Dual Street access
• Existing 4,000m²* warehouse plus office and showroom areas can be retained or demolished to suit your requirements (^STCA)
• Existing multi-deck car park access via both Hoyle Ave & Carrington Rd can be retained, thus improving development yields on the balance of the site and currently produces $500k pa Gross approx. in income
• Precinct currently includes planning documents on public exhibition for additional higher and better uses, along with increased FSR
For further information or to arrange an inspection contact the selling agents.
*Approximate.
^Subject to council approval.
Remember to mention you found this property on DevelopmentReady
Colliers is pleased to present for sale 46-48 Carrington Road, Castle Hill.
An extremely rare opportunity to acquire a parcel of land for development within one of the most tightly held and restrained occupier markets in Sydney. Noting the existing warehouse and office/showroom buildings can be retained or demolished as part of the subdivision works (^STCA). Concept subdivision plans are available for review, which provide a range of land areas from 8,000m²* up to 25,000m²* approx. and includes a second street access via Hoyle Avenue plus multi-level car park which is producing strong rental returns.
This highly unique offering provides the following features;
• Exceptional exposure and access, located opposite BMW
• Walking Distance to the Showground Metro Station
• Flexible land areas available, lots from 8,150m²* with a range of options up to 25,183m²*
• Choice of 2 lots only, which provide between a 90m-195m frontage* to Carrington Rd, ideal for development
• Suit many uses including industrial, automotive, trade, showroom, self-storage, hotels etc (^STCA)
• Benefit from a delayed settlement
• Dual Street access
• Existing 4,000m²* warehouse plus office and showroom areas can be retained or demolished to suit your requirements (^STCA)
• Existing multi-deck car park access via both Hoyle Ave & Carrington Rd can be retained, thus improving development yields on the balance of the site and currently produces $500k pa Gross approx. in income
• Precinct currently includes planning documents on public exhibition for additional higher and better uses, along with increased FSR
For further information or to arrange an inspection contact the selling agents.
*Approximate.
^Subject to council approval.
Remember to mention you found this property on DevelopmentReady
