Adam Charles as exclusive agents is delighted to present 6 Fetherstone Street, Bankstown, to the market, a substantial commercial freehold with future development upside in the heart of Bankstown CBD.
The opportunity benefits from the following key features:
• Versatile investment with significant development upside
• Opportunity to owner occupy, invest, or redevelop.
• High profile, 520* sqm corner land holding boasting 3 street frontages
• Flexible and sought after B4, Mixed Use zoning
• Floor space ratio 4.5:1, allowing maximum gross floor area of 2,335 sqm (STCA) and a 35 metre height limit
• Approximately 860 sqm of gross floor area
• Functional 2 storey commercial/retail building with potential to reposition into multiple tenancies or add more floor space
• 7 exclusive undercover car spaces
• Future fully leased income of c$340,000 per annum, with scope to increase
• Surrounded by a wealth of amenity, including Bankstown Central, Western Sydney University, Western Sydney Airport, future Bankstown Metro
• Conveniently located 100m walk to multiple public transport options, including Bankstown Railway Station & Bankstown Bus Interchange
• Situated in a well-established suburb with unprecedented growth potential
A 100% freehold interest in 6 Fetherstone Street, Bankstown, is offered for sale via Private treaty
For more information or for a copy of the due diligence material , please contact the exclusive agents.
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