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Outstanding Retail & Residential Investment with Developm...

239-241 Glenmore Road, PADDINGTON NSW, 2021

For Sale

Property for Sale in 239-241 Glenmore Road, PADDINGTON NSW, 2021

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11292994
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
24/04/2018
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Property Type

Retail
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Land Area

442 SQM
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Floor Area

300 SQM
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Parking

N/A

Outstanding Retail & Residential Investment with Development Upside

Leased to renowned high end Sonoma Bakery and long term local favourite Mr T’s Vietnamese Restaurant
Includes 3 x residential apartments, 3 lock up garages & storage areas
Previous DA approval for 2 shops and 14 residences
Large underdeveloped 442 sqm site with frontages to Glenmore Road & White Lane adjacent to Paddington’s famous “The Royal Hotel”
Rarely traded, tightly held precinct – first time offered in 60 years
Located in one of Sydney’s most affluent and sought after locations – median family income is 94% national average
Close to CBD & Bondi, home to a vibrant food and beverage culture
A rare opportunity to buy in one of Sydney’s premier locations offering long term security and multiple investment and redevelopment options (STCA)
Net Income: $207,225 pa + GST

Auction 11am Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

We will be conducting “Open for inspections” at the following times;
• Thursday 26th April 11am - 11:30am
• Saturday 28 April 11am – 11:30am
• Thursday 3 May 12pm – 12.30pm
• Saturday 5th May 11am - 11:30am

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

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