CBRE as the exclusive sales agent, is pleased to present 118-120, 122 Main Street, Blacktown. Two (2) freestanding high yielding freehold buildings with significant development upside (STCA) in the heart of Blacktown's thriving retail strip.
Offered with a generous land holding of 601sqm* and rear lane access on a commanding main road, the property is opportunely positioned within walking distance to Blacktown Train Station and Westpoint Shopping Centre. Additionally, six (6) existing tenancies are available to the site presenting multiple reliable income streams, generating approximately $210,635 gross annual income.
118-120, 122 Main Street, Blacktown benefits from the following key attributes:
Significantly recognised land holding of 601sqm*
Six (6) existing tenancies generating approximately $210,635 gross annual income
Prominent corner location offering premium exposure
Extensive glass facades with maximum exposure & street appeal
Partially leased with extensive tenant fit-out
Value add return on investment
Considerate development potential (STCA)
B4 mixed use zoning, ideal for shop top housing, childcare facilities, hotel accommodation and medical centres
Height of building limit of 50 metres
Located in Blacktown's thriving retail strip surrounded by boutique retail stores, shopping centers, parks, schools and transport.
High pedestrian thoroughfare providing pronounced foot and vehicle traffic to the property.
Within walking distance to Blacktown Train Station
118-120, 122 Main Street, Blacktown will be offered for Auction on Friday 16 July 2021, at 3:00pm.
Venue: Online - Registration Link: https://auctionslive.com/app/bidder-registration/40kv
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.