SOLD BY MATTHEW MCHARDY & TOM MELLIOS – FULLY LEASED – POTENTIAL DEVELOPMENT SITE
296 Belmore Road, RIVERWOOD
Price: EOI: Closes 23rd September 4pm

Prime corner site location on the fringe of Riverwood CBD.

This site will be the “gateway” property to the busy Riverwood Retail strip and Riverwood rail station area, which is a primary train stop on the East Hills line, and only 31 minutes to Sydney CBD.

In accordance to the NSW State Planning portal this property offers an FSR of 2:1 with an 18 metre height limit (subject to council approval).

Currently fully leased, these 3 shops have been amalgamated into one with the current sitting tenant who has been in occupation since 2003.

With a current passing income $60,693.33 P.A. Gross + GST, and conveniently located only 600 meters to the M5 Motorway entrance and exit, this is an investment / development opportunity rarely offered for sale.

Three perfect opportunities:
1. Long term tenant
2. 3 separate tenancies
3. Massive development upside

For sale by expressions of interest closing 23rd September 2021 4pm.

Contact exclusive agents
Matthew McHardy
0405 440 799
matthewm@commercial.net.au

Tom Mellios
0410 654 365
tomm@commercial.net.au