High Exposure Investment with Development Potential

INSPECT BY APPOINTMENT - CONTACT MATT - 0428 660 206

Occupying a prominent 895sqm* near flat lot, wide 28m* Parramatta Road frontage and leased to an established tenant, 72-78 Parramatta Road, Croydon offers a premium investment with the upside of further re-development. Currently returning $120,000pa gross, zoned B6 Corridor Enterprise, FSR 1.75:1 and height of building of 15m with the added benefit of rear lane access. Comprising of an open plan mechanical workshop, separate office, off street parking for six cars and ideally positioned moments from Burwood Westfield, transport and easy access to Parramatta Road, M4 and Westconnex tunnel. Architectural plans for the construction of a 48-room hotel/motel.

- Secure tenant currently paying $120,000pa gross
- Zoned B6, FSR 1.75:1 and Height of building of 15m
- Easy access via Parramatta Rd or Wychbury Lane
- High internal clearance with rear lane access
- Generous open plan workshop exuding exposure
- Moments to Burwood Westfield, M4 and Westconnex
- High exposure investment with secure long-term tenants
- Plans for the construction of a 48-room hotel/motel