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61-63 Victoria Road, Rozelle, NSW, 2039

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61-63 Victoria Road, Rozelle, NSW, 2039

Rozelle

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61-63 Victoria Road, Rozelle, NSW, 2039

61-63 Victoria Road, Rozelle, NSW, 2039

Properties / Sold / New South Wales / Rozelle
Development Potential
Property Type
Commercial
Sub Type
Office
Land Area
1,100 m² (*approx)
Selling Method
Auction: Tuesday, 17th November 2020 at 10:30am
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SUBSTANTIAL CORNER FREEHOLD
  • INCOME, SECURITY, LOCATION
  • 1100 SQM OF LAND + ANNUAL INCOME $380K
  • LANDBANK FOR FUTURE DEVELOPMENT

Belle Property Commercial Inner West are pleased to offer 61-63 Victoria Road, Rozelle for sale via Public Auction. The building is home to Combined Air, SDA Engineers and Sign Wave, which are returning approximately $380,000 Per Annum. Together, they are the ideal tenancy mix, providing the purchaser with a high-income stream, along with security.


A building of this calibre, which sits on a corner block of close to 1100sqm, is an opportunity to secure a prime piece of Inner West Real Estate. Its position along Victoria Road, a major arterial road, commuted by over 70,000 vehicles daily, provides unparalleled exposure and being one traffic light from the CBD, convenience, connectivity and enormous future development potential (STCA) ideally suited for landbanking.

As of 2023, the property will further benefit from the opening of the Rozelle Interchange part of Westconnex, which will be the M4 - M5 Link to the Anzac and Iron Cove Bridges, and the future Western Harbour Tunnel and Beaches Link, connecting the suburb to the entire Sydney Metro road system. Additionally, A metro station will be delivered to the area for the first time, providing critical connections to the Sydney CBD and the western suburbs. The Bays Station will act as a catalyst for the long awaited renewal of the area and the Bays Station will be located between Glebe Island and White Bay Power Station.

This is the ideal investment for the current economic climate and an opportunity to land bank a substantial holding at the CBD’s door step.

Features Include:


• 1100 sqm of Land (approximately)
• Future Development Potential (STCA)
• $380,000 Per Annum + GST (Gross) Income (approx.)
• Substantial Income Growth Potential
• Basement Parking (31 Cars)

The auction will take place on Tuesday, 17th November 2020 at 10:30am
Location: Auctionworks - Mezzanine Level, 50 Margaret Street, Sydney

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

61-63 Victoria Road Development Site Summary

Property Type
Commercial
Sub-type
Office
Land Area
1,100 m² (*approx)
Selling method
Auction: Tuesday, 17th November 2020 at 10:30am

Development Site Highlights

SUBSTANTIAL CORNER FREEHOLD
  • INCOME, SECURITY, LOCATION
  • 1100 SQM OF LAND + ANNUAL INCOME $380K
  • LANDBANK FOR FUTURE DEVELOPMENT

Belle Property Commercial Inner West are pleased to offer 61-63 Victoria Road, Rozelle for sale via Public Auction. The building is home to Combined Air, SDA Engineers and Sign Wave, which are returning approximately $380,000 Per Annum. Together, they are the ideal tenancy mix, providing the purchaser with a high-income stream, along with security.


A building of this calibre, which sits on a corner block of close to 1100sqm, is an opportunity to secure a prime piece of Inner West Real Estate. Its position along Victoria Road, a major arterial road, commuted by over 70,000 vehicles daily, provides unparalleled exposure and being one traffic light from the CBD, convenience, connectivity and enormous future development potential (STCA) ideally suited for landbanking.

As of 2023, the property will further benefit from the opening of the Rozelle Interchange part of Westconnex, which will be the M4 - M5 Link to the Anzac and Iron Cove Bridges, and the future Western Harbour Tunnel and Beaches Link, connecting the suburb to the entire Sydney Metro road system. Additionally, A metro station will be delivered to the area for the first time, providing critical connections to the Sydney CBD and the western suburbs. The Bays Station will act as a catalyst for the long awaited renewal of the area and the Bays Station will be located between Glebe Island and White Bay Power Station.

This is the ideal investment for the current economic climate and an opportunity to land bank a substantial holding at the CBD’s door step.

Features Include:


• 1100 sqm of Land (approximately)
• Future Development Potential (STCA)
• $380,000 Per Annum + GST (Gross) Income (approx.)
• Substantial Income Growth Potential
• Basement Parking (31 Cars)

The auction will take place on Tuesday, 17th November 2020 at 10:30am
Location: Auctionworks - Mezzanine Level, 50 Margaret Street, Sydney

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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61-63 Victoria Road, Rozelle, NSW, 2039

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Property Location of 61-63 Victoria Road, Rozelle, NSW, 2039

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