Strathfield Partners is pleased to present 163-171B Waterloo Road, Greenacre, a landmark property offered for sale via auction. This is a truly exceptional opportunity to acquire a substantial landholding in a premier location. Currently configured as six retail shops sold as a single portfolio, the site occupies an expansive 1,810sqm* parcel of land. Situated adjacent to Greenacre's vibrant town centre, popular eateries, local parks, and schools, this property represents an outstanding prospect for owner-occupiers, astute investors, and visionary developers to unlock its immense potential. This is an extremely rare development opportunity that is not to be missed!
Key Development Features:
- Total site area 1,810 sqm*
- Generous 58m* frontage to Waterloo Road
- Zoned E1 - Local Centre under Canterbury Bankstown Council
- Development Controls - FSR 2.5:1, Height limit 20m
- Currently standing as six (6) retail lots in one line, 171 & 171B with offices and units upstairs
- Rear lane access via Sellers Lane
- Potential holding income of $699,000.00 per annum Approx. (incl. GST)
- Suitable for a variety of uses, including but not limited to apartments, boarding house, terraces, childcare, mixed use developments and more (STCA)
- Blank canvas opportunity in a highly desirable location with bus stops right at your doorstep providing easy CBD access
- Uninterrupted city skyline, fireworks and harbour bridge views from upstairs
- Invest Now! Develop later!
Do not miss your chance to secure a cornerstone property in the heart of Greenacre. This opportunity won't last long!
Please contact us for due diligence.
*Approximatley
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
