Property Details:
CPG & Knight Frank are pleased to present to the market, an exiting investment and landbank redevelopment opportunity on a prominent recognized corner.
The property represents an opportunity to acquire a boutique scale neighbourhood retail investment, with future
development upside.
130 Tower Street is a well positioned, fully-let investment site in the heart of the established town centre of Panania.
The building on site is composed of five retail tenancies with four residential units.
BUILDING
• Full brick constructed double story building
• Total building area of 1,270m2
• 5 Ground floor shops
• 4 First floor apartments
INCOME
• Fully leased mixed use building
• Total income of $254,547.31
SITE
• Strategically positioned on the corner of Tower St & Woodburn Avenue
• Huge Dual Frontage
• Total land area of 1,287m2
• Proposed increase to planning proposal, FSR & GLA. (S.T.C.A)
Location
• 800m to Panania train station
• Connectivity to M5 – South West Motorway
Don’t miss out on the chance to invest in this fantastic property.
Open for inspection: Tuesday’s 11am & Thursday’s 2pm
Auction: 27th April 2023, In-rooms 6pm, level 3/56 Kitchener Parade, Bankstown
Contact us today to arrange an inspection and take the first step towards securing your future financial success
Commercial Property Group
Mitchell Owen / Chris Wade
0401 451 889 / 0490 083 759
Knight Frank
Mark Litwin / Demi Carigliano
0415 742 605 / 0423 015 815
