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32-33 Beecroft Road, EPPING NSW, 2121

For Sale
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Property for Sale in 32-33 Beecroft Road, EPPING NSW, 2121

CBRE North Sydney

Suite 1401, Level 14 100 Pacific Highway, North Sydney, NSW 2060

Listing ID:
11378821
Status:
Active
For:
Sale
Last Updated:
29/06/2020
Icon building

Property Type

Land/Development
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Land Area

395 SQM
Icon size

Floor Area

401 SQM
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Parking

5

CORNER POSITIONED FREEHOLD PROPERTY WITH TRIPLE NET LEASE AND SIGNIFICANT REDEVELOPMENT POTENTIAL

CBRE and Clearpoint are pleased to present 32-33 Beecroft Road, Epping (the Property) to the market for sale via Expression of Interest.

This property represents a prime investment asset with significant future redevelopment potential. Currently improved with a freehold two storey building, this fully leased property site sits on one of the most sought-after corner positions in Epping with rear and side street access.

Expression of Interest closing on Wednesday 8 April 2020 at 3pm (AEST)..

32-33 Beecroft Road benefits from the following attributes:

• Fully leased freehold building tenanted by Commonwealth of Australia with a Triple Net Lease;
• Significant redevelopment potential with a maximum FSR of 6:1 (STCA);
• Currently a two-storey mixed-use building with unparalleled traffic exposure;
• Prominent corner position with three street frontages;
• Located within one of Sydney's largest urban renewal area;
• Land area of 395sqm*;
• NLA of 401sqm*;
• Estimated net passing income of $172,350*;
• Excellent vehicle and pedestrian access; and
• Set to benefit from new and upcoming developments in Epping.

For more information and access to the Due Diligence data room, please do not hesitate to contact the following exclusive agents.

CBRE
Peter Krieg 0412 822 144
Tao Shi 0421 218 031

Clearpoint
Rhys Donnellan 0418 486 709

For more details, please email agent

CBRE North Sydney

Suite 1401, Level 14 100 Pacific Highway, North Sydney, NSW 2060


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