Sold
Land/Development

98 Parramatta Road Lidcombe, NSW 2141

Sold on 11 Apr 2018
  • Building: 1,564m²
Agents

Sold By

  • Loading...
  • Loading...
Land/Development in Lidcombe

COMMANDING LOCATION WITH TELSTRA LEASEBACK

  • Building: 1,564m²

Ray White Commercial NSW, under instruction from Charter Keck Cramer as transaction advisor, is pleased to offer for sale 98 Parramatta Road, Lidcombe via Auction.

Representing an exciting opportunity to acquire this main road site of 1,939m2* with an extensive 55.5m* frontage to Parramatta Road and exposure to over 80,000* cars daily. Identified as part of the Parramatta Road Corridor Urban Transformation Strategy and leased to Telstra on a head lease for four (4) years, this is the perfect investment opportunity with future development potential (STCA).

Key features of the site include:

  • Leased to Telstra for four (4) years expiring 2022
  • Single storey brick building of 1,564m2*
  • Secured fenced yard area with dual entry/ exit points
  • Currently zoned B6 Enterprise Corridor
  • Part of the Parramatta Road Corridor Urban Transformation Strategy
  • Future development potential^
  • Situated in a high growth precinct
  • Neighbouring established national retailers
  • Great access to major arterial roads

*approximately
^S.T.C.A
The site will be offered for sale via Auction on Wednesday, 11th April 2018 at 10:30am (AEST). The Auction will be held at Ray White Head Office, Level 17, 135 King Street, Sydney NSW.

The property is being offered as part of a portfolio of three (3) development sites all with leasebacks to Telstra. The properties are being sold individually. For further information on the other opportunities available, please click on the following link: https://investmentswithupside.com.au/

To obtain further information, please do not hesitate to contact the below listing agents:

Joseph Assaf
Associate Director & Licensee in Charge
Ray White Commercial NSW - Western Sydney
M 0401 397 696
E jassaf@raywhite.com

Samuel Hadgelias
Associate Director
Ray White Commercial NSW - Sydney CBD
M 0403 254 675
E shadgelias@raywhite.com

Jeff Moxham
Managing Director & Partner
Ray White Commercial NSW
M 0413 838 339
E jmoxham@raywhite.com

Building:

1,564m²